Investment Rating - The report maintains a "Recommended" investment rating for the industry [5]. Core Insights - The gap between domestic and overseas large models in AI is rapidly narrowing, with domestic AI ecosystems represented by Tencent and Alibaba showing significant development. This suggests a potential turning point for accelerated growth in domestic AI [3][22]. - The report emphasizes the importance of focusing on core targets in domestic computing power and AI agents, highlighting key companies in cloud computing, chip design, and AI applications [3][22]. Summary by Sections Market Review - During the week of November 10-14, the CSI 300 index fell by 1.08%, the SME index decreased by 1.71%, and the ChiNext index dropped by 3.01%. The computer sector (CITIC) saw a decline of 3.72% [30]. Industry News - AMD's CEO predicts that the AI data center market will exceed $1 trillion by 2030, growing from approximately $200 billion currently, with a compound annual growth rate (CAGR) of over 40% [23]. - The Ministry of Industry and Information Technology has issued a notice to accelerate the construction of pilot platforms in the manufacturing sector, aiming to enhance innovation and technology transfer [24]. Company News - Lingzhi Software plans to acquire 100% of Kaimiride (Suzhou) Information Technology Co., Ltd. through a share issuance and cash payment, with a share price set at 15.31 yuan [27]. - Zhengyuan Wisdom's board approved a share repurchase plan, intending to reduce up to 2,842,000 shares within six months [29]. Weekly Insights - Domestic large models like MiniMax and DeepSeek are now among the top global models, with MiniMax M2 achieving a daily token usage surpassing 50 billion, indicating strong market acceptance [9][12]. - The report highlights the competitive landscape in AI, with Tencent and Alibaba intensifying their efforts in AI applications, suggesting an imminent phase of heightened competition in the domestic AI market [20][22].

Core Insights - The article discusses the rapid growth of data usage in AI models, particularly highlighting the performance of various models in terms of token usage and their respective developers [1][3]. Group 1: AI Model Performance - Grok Code Fast leads with 1.25 trillion tokens, showing a 16% increase by x-ai [3] - Claude Sonnet 4.5 follows with 527 billion tokens, achieving a 15% increase by anthropic [3] - Gemini 2.5 Flash has 298 billion tokens, with a significant 43% increase by google [3] - DeepSeek V3 0324 has 110 billion tokens, with a notable 44% increase by deepseek [3] - The performance of Gemini 2.5 Pro is also highlighted with 168 billion tokens, showing a 110% increase by google [3] Group 2: Industry Trends - The article indicates that computational power is expected to continue growing, particularly with companies like TSMC and MediaTek [5] - There is an ongoing tracking of major companies' financial reports, indicating a busy period for industry analysis [5]

Core Viewpoint - The introduction of DeepSeek V3 0324 significantly enhances programming capabilities, making AI programming accessible to the general public, thus promoting technological equality [1][2][3]. Group 1: AI Programming Accessibility - AI programming has not been widely adopted among novice users due to previous limitations, but with DeepSeek V3 0324, ordinary individuals can easily leverage AI programming [2][6]. - The ability to program using AI is crucial for enhancing the general public's AI skills, as programming is currently the most effective application of AI as a productivity tool [3][7]. Group 2: Practical Applications of AI Programming - The transition from searching for tools to creating tools signifies a paradigm shift in problem-solving, with AI programming enabling users to generate solutions directly [11]. - Examples of practical applications include creating visual content for social media, replacing traditional presentation tools like PPT with visual web pages, and generating personal websites or resumes in HTML format [28][42][43]. Group 3: Installation and Usage of Trae - The article outlines the installation process for Trae, including downloading the software, initializing settings, and switching to the latest V3 0324 model for optimal performance [13][14][20]. - Users are guided on how to utilize AI programming to enhance efficiency in daily tasks, such as creating visually appealing web pages and automating design processes [23][29]. Group 4: Limitations and Future Prospects - Despite the strong front-end capabilities of DeepSeek V3, there are notable limitations, including issues with backend functionality and occasional system failures [67]. - Anticipation exists for future versions of DeepSeek that may address current shortcomings, suggesting a positive outlook for the evolution of AI programming tools [68].