Group 1 - The core viewpoint of the news highlights the significant rise in the stock price of Fubo Group (03738), which increased by 12.3% to HKD 5.02, with a trading volume of HKD 224 million, driven by a surge in AI application developments since the beginning of the year [1] - The first quarter saw a series of catalysts in the AI application sector, including Meta's acquisition of Manus, the IPO of Zhizhu, and the launch of MiniMax, which collectively elevated risk appetite and marked the beginning of what is termed an "epic market for AI applications" [1] - Fubo Group is recognized as a leading global provider of digital content asset protection and transaction services, leveraging AI technology to create a value hub for global content creators, integrating copyright protection, value connection, and service collaboration [1] Group 2 - The company is also expanding into AI comic dramas, serving as the exclusive copyright technology service provider for Hongguo Short Dramas, indicating its strategic positioning in the content production landscape [2] - Guoyuan International believes that the company possesses global content consumption and circulation data, which will enable it to develop more AI value-added services based on data insights, while deeply integrating with the AIGC industry to define standards for content production, distribution, and commercialization in the AI era [2] - The advancement of multimodal products like Sora2 and Google VEO is leading to an upgrade in copyright management for audio and video content towards "element-level management," which involves extracting, certifying, and measuring elements such as characters, scenes, and images [1]