导读：①锂电板块分化加剧，锂矿股走强、六氟磷锂核心股大跌，操作需去弱留强；②谷歌多模态AI 模型更新，有望催化AI应用（广告、传媒、游戏等）方向；③华为今日将发布开源 AI 容器技术 Flex:ai，留意今日是否能进一步发酵。 昨日市场高开低走，三大指数再度全线收跌，目前创业板指与深成指均小幅击穿60日均线，后市面临重 要变盘节点，若无法迎来强力修复的话，中期趋势或将转入空头。 而AI应用方向迎来新催化，谷歌的新一代多模态AI模型、第二代Nano Banana（代号Gemini 3.0 Pro Image）更新，与传统图像模型不同，Gemini 3 Pro Image是一款推理模型，它会在生成图像前进行内部 推理，就像思考如何最好地完成任务一样。第二代Nano Banana的更新印证多模态 AI 商业化落地加速的 进程，有望进一步强化板块产业趋势确定性。可重点留意广告营销、影视传媒、游戏等受益方向个股异 动情况。 另一方面，今日下午，华为将在上海举办"2025 AI容器应用落地与发展论坛"，届时将发布并开源备受 市场关注的创新AI容器技术Flex:ai。旨在通过软件创新，实现对英伟达、昇腾及其他第三方算力资源 ...

【钛媒体综合】据新华社，中共中央政治局委员、国务院副总理何立峰11月18日至20日到湖北、湖南调 研。何立峰指出，要认真学习贯彻党的二十届四中全会精神，深入贯彻落实习近平总书记重要讲话精 神，持续推动外贸提质增效，完善高标准物流体系建设，加力支持制造业高质量发展，加快构建全国统 一大市场，进一步畅通国内国际双循环。 何立峰先后到湖北鄂州、咸宁和湖南长沙等地，实地调研货运机场运行情况，深入了解相关外贸物流企 业、外向型制造业企业和消费类企业的生产经营、技术创新等情况。何立峰指出，面对严峻复杂的外部 环境，我国外贸顶住压力保持稳定增长，为国内经济发展提供了有力支撑。要支持跨境电商等新业态新 模式发展和海外仓建设，持续推动外贸市场多元化，继续保持外贸平稳增长。要持续优化商品和服务供 给，更好满足多样化消费需求。要积极探索"铁公水空"多式联运，加快构建现代物流体系，有效降低全 社会物流成本，坚决打通阻碍全国统一大市场建设的卡点堵点。 何立峰强调，要适应新一轮科技革命和产业变革要求，充分发挥企业主体作用，加大金融等政策支持力 度和要素保障，更好推动制造业高质量发展。要进一步加强关键核心技术攻关，加快提升产供链自主可 控 ...

Group 1: Generative AI Developments - OpenAI launched two new models, GPT-5.1 Pro and GPT-5.1-Codex-Max, with the former focusing on emotional and intellectual capabilities, while the latter is the first coding model to support a "compression" mechanism [1] - GPT-5.1-Codex-Max can autonomously work for over 24 hours, processing millions of tokens, with a 30% reduction in thinking tokens compared to previous versions, achieving a score of 77.9% on SWE-bench Verified [1] - Internal tests show that 95% of OpenAI engineers use Codex weekly, leading to a 70% increase in team Pull Request numbers [1] Group 2: Image Generation and Processing - Google introduced the Gemini 3 Pro Image preview, a reasoning model that performs internal reasoning before generating images [2] - This model supports 64K input tokens and 32K output tokens, capable of producing images with resolutions between 1K and 4K, and can combine up to 14 input images into one output [2] - It integrates Google search capabilities for up-to-date knowledge, excelling in complex multi-turn image generation editing and high factual accuracy creative tasks [2] Group 3: 3D Technology Advancements - Meta released the SAM 3D family, including SAM 3D Objects and SAM 3D Body, which can convert 2D image segmentation results into 3D models, even in the presence of occlusions [3] - SAM 3D features concept segmentation capabilities, achieving a 47.0% accuracy in the LVIS zero-shot segmentation task, surpassing the previous state-of-the-art (SOTA) of 38.5% [3] - SAM 3D Objects utilizes a 1.2 billion parameter flow-matching Transformer, outperforming other leading models by at least five times in direct comparison tests with human users [3] Group 4: Browser Innovations - QQ Browser's new version v19.8.5 introduces intelligent tab grouping and AI features for multitasking without interference [4] - The new web podcast feature supports AI podcasts and native reading with smart switching, allowing for precise 15-second navigation and five-speed adjustments [4] - The menu and functionality areas have been upgraded, with common tools like bookmarks and history easily accessible at the top, and all fixed function modules supporting drag-and-drop sorting [4] Group 5: Digital Identity Solutions - Second Me provides users with an independent ID and domain in the digital world, acting as an "AI ID" for expression and communication [5] - The product uses AI for precise matching of interests, focusing on finding individuals with detailed similarities rather than just shared interests, reducing communication costs in the industry [5] - Users can record fragmented notes and ideas, allowing their digital persona to continuously add memories and feedback for more natural and accurate expression [5] Group 6: Smart Wearable Technology - Lumia launched the world's first smart earrings, Lumia 2, weighing less than 1 gram and being five times smaller than AirPods, capable of real-time monitoring of head blood flow [7] - The product includes features for tracking sleep, body temperature, menstrual cycles, and overall health status, utilizing patented SwitchBack technology for compatibility with any earrings [7] - Lumia secured an additional $7 million in investment and $5.1 million in government funding, bringing total financing to $17.2 million, with its blood flow tracking technology published in top peer-reviewed journals [7] Group 7: AI Research and Development - Yann LeCun announced his departure from Meta after 12 years to pursue entrepreneurship focused on advanced machine intelligence (AMI) [8] - The new company's goal is to drive the next major AI revolution, enabling systems to understand the physical world, possess long-term memory, and exhibit reasoning capabilities [8] - Meta will partner with the new company, as LeCun emphasizes the importance of world model research, arguing that large language models (LLMs) cannot truly understand the physical world [8] Group 8: Space Computing Initiatives - NVIDIA has sent its H100 GPU into space for the first time, while Google plans to launch 81 satellites equipped with TPUs by 2027, intensifying the space computing competition [9] - China's CAS Tian-Suan has initiated the "Tian-Suan Plan," aiming to deploy a mega-scale space supercomputing center in sun-synchronous orbit, consisting of energy, computing, and communication modules [9] - By mid-2026, CAS Tian-Suan aims to achieve its first GPU supercomputing node in space, targeting a total computing power of 10 EOPS, powered by over 100MW of zero-carbon energy through flexible photovoltaic arrays [9] Group 9: AI Market Insights - NVIDIA reported a record Q3 revenue of $57 billion, with data center business revenue soaring 66% year-over-year to $51.2 billion, and provided a revenue guidance of $65 billion for the next quarter [10] - Jensen Huang refuted the "AI bubble" theory, highlighting a historic shift in computing paradigms from general CPUs to accelerated GPUs, with genuine and sustained demand for computing power [10] - The proportion of GPU-accelerated computing in the global TOP500 supercomputing list surged from 10% six years ago to 90%, with NVIDIA's gross margin around 70%, and global AI infrastructure investment projected to reach $3-4 trillion by 2030 [10]

Core Insights - Google's stock rose by 4% to $304.73 following the announcement of its next-generation multimodal AI model, Gemini 3 Pro Image, which features significant improvements in image quality and accuracy [1] Group 1: Product Developments - The Gemini 3 Pro Image model is a reasoning model that performs internal reasoning before generating images, enhancing image quality and multilingual long text rendering capabilities [1] - Gemini 3 Pro Image is designed to tackle challenging image generation tasks and is now available on the Vertex AI platform and through Google’s Gen AI SDK [1] - Google also announced the release of its seventh-generation TPU Ironwood chip, which is capable of handling various tasks from large model training to real-time chatbot operations [1] Group 2: Market Position and Competitive Advantage - The Gemini 3 Pro has received positive evaluations in multiple assessments, outperforming other large models [1] - Analyst Colin Sebastian from Robert W. Baird highlighted Google's competitive advantage stemming from its integration of real-time web indexing with advanced model training [1]

此外，谷歌正式发布第七代TPU Ironwood，该芯片将于未来几周内正式上市。这款芯片由谷歌自主设 计，可处理从大型模型训练到实时聊天机器人和AI智能体运行的各种任务。该芯片最初于今年4月亮 相，用于测试与早期部署。 据官方博客介绍，Gemini 3 Pro Image专为解决最具挑战性的图像生成任务而设计。该模型现已在Vertex AI平台上线，也可通过Google的Gen AI SDK(提供统一的Python和Go接口)在Google AI Studio中使用。 日前，谷歌发布的Gemini 3 Pro在多方评测中都备受好评，测试数据在一众大模型中一骑绝尘。罗伯特· 贝尔德公司分析师Colin Sebastian指出，"除了在搜索参与度和盈利能力方面的优势外，谷歌还将实时网 络索引与先进模型训练结合，我们认为这是关键的竞争优势。" 智通财经APP获悉，周四，谷歌(GOOGL.US)盘前涨4%，报304.73美元。消息面上，当地时间11月20 日，谷歌的新一代多模态AI模型、第二代Nano Banana(代号Gemini 3.0 Pro Image)更新，新版本的正式 代号是Gemini 3 Pro Im ...