今日A股探底回升，创业板指数率先飘红，盘中大涨超1.7%，光模块等板块表现较好，创业板软件ETF 华夏（159256）持仓股顺网科技大涨超6%，信息发展、广立微、润泽科技等个股涨幅居前，权重股同 花顺、深信服等调整明显。同标的指数中创业板软件ETF华夏目前成交额突破1.3亿，排名第一。 在AI产业链中，软件行业主要处于中游技术层和下游应用层，扮演着核心技术支撑和应用落地的关键 角色。具体来看，软件行业在中游技术层主要提供AI框架、开发平台和算法模型，这些技术是AI应用 开发的基础。在下游应用层，软件行业通过将AI技术与各行业结合，推动AI应用的落地。 消息方面，DeepSeek即将发布V4大模型，其编程能力被预期将对标并超越Claude与GPT系列闭源模型。 V4在编码能力、长上下文理解及训练稳定性方面实现质变式跃迁，且依托mHC新架构与Engram条件记 忆模块，在降低训练成本的同时缓解GPU内存瓶颈，有望显著改善国产HBM受限局面，并加速国产算 力生态建设。 中金公司分析称，2026 年全球算力资本支出将继续带动AI应用渗透率提升。软件与AI 的"同频共振"是 年度核心逻辑，多模态与多Agent 技术让A ...

2026年1月30日A股回调整理，截至午间收盘，中证软件服务指数下跌3.06%。成分股方面，深信服领 跌，中科星图、广联达、卫宁健康、朗新科技跟跌。 近期，DeepSeek即将发布V4大模型，其编程能力被预期将对标并超越Claude与GPT系列闭源模型。中原 证券指出，V4在编码能力、长上下文理解及训练稳定性方面实现质变式跃迁，且依托mHC新架构与 Engram条件记忆模块，在降低训练成本的同时缓解GPU内存瓶颈，有望显著改善国产AI芯片HBM受限 局面，并加速国产算力生态建设。 软件ETF(159852)跟踪中证软件服务指数，是掘金计算机软件行业的便利工具。 场外投资者还可以通过软件ETF联接基金（012620）布局AI软件投资机遇。 华创证券指出，智能体（Agent）应用爆发正推动CPU需求结构升级，域外CPU在多线程调度、低延迟 响应与能效比方面成为性能决定性环节。IDC预计活跃Agent数量将从2025年的2860万飙升至2030年的 22.16亿，年复合增速达139%，叠加AIDC扩容与先进制程产能倾斜，服务器CPU已进入紧平衡格局，国 产龙头有望凭借定制化能力切入增量市场。 数据显示，截至2025 ...

Core Insights - The article provides a comprehensive overview of significant developments in the AI industry over the past week, highlighting key news and investment events that reflect the current market dynamics [5]. Group 1: AI Model Developments - DeepSeek plans to release its V4 model around the Lunar New Year, which is expected to surpass the programming capabilities of existing models like Claude and GPT [7][8]. - Baichuan Intelligent's new medical model, Baichuan-M3, has been reported to outperform OpenAI's GPT-5.2 in various medical evaluation metrics [19]. - Google has updated its MedGemma model to version 1.5 4B, enhancing its capabilities in medical image processing and text handling [16]. Group 2: Funding and Valuation - Skild AI has completed a $1.4 billion financing round, raising its valuation to over $14 billion, with participation from major investors like SoftBank and Nvidia [10]. - The total disclosed financing in the AI sector for the week reached approximately 19.41 billion RMB, with an average deal size of 1.618 billion RMB [27]. - The highest financing event in the domestic AI sector was a 1 billion RMB A++ round for a robotics developer [34]. Group 3: Strategic Partnerships and Innovations - Google is collaborating with Walmart and other retailers to enhance its AI model's shopping capabilities, allowing for direct transactions through its AI assistant [22]. - Microsoft is reportedly set to spend nearly $500 million annually on Anthropic's AI technologies, integrating them into its cloud services [12]. - A new AI model named SleepFM has been developed to predict disease risks based on sleep data, showcasing the potential of AI in healthcare [24]. Group 4: Market Trends and Insights - The article notes that the majority of AI investment events are concentrated in regions like Guangdong and Beijing, indicating a geographical trend in AI development [32]. - The AI industry is witnessing a shift towards open-source models, with companies like Anthropic tightening access to their proprietary tools, impacting developers [21]. - The CEO of DeepMind stated that Chinese AI models are only a few months behind their Western counterparts, highlighting the competitive landscape in AI development [23].

Group 1 - The "South Gate Plan" in China reveals a 100,000-ton space mother ship "Luan Niao" capable of carrying 88 "Xuan Nu" unmanned aerial vehicles [2] - The Shanghai government aims to support integrated circuit companies to achieve breakthroughs across the entire industry chain by 2028 [2] - The storage "super cycle" is causing a price increase trend in consumer electronics, affecting laptops and domestic smartphones [2] Group 2 - Hainan's duty-free shopping amount exceeded 1.2 billion yuan in the first week of the year [3] - The Hong Kong stock market welcomed the listing of Hauwei Group today, while A-shares of Aishalen are open for subscription [3] - A subsidiary of Sichuan Changhong plans to invest in a television production project in Mexico [3] Group 3 - The application for over 200,000 satellites indicates a positive outlook for the satellite communication industry [4] - Silver LOF has issued risk warnings for six consecutive days, with industry experts advising against blind chasing of high prices [4]