Market Overview - On January 29, AI applications experienced a collective surge, with stocks such as Zhejiang Wenhu Internet, InSai Group, People's Daily Online, and Inertia Media hitting the daily limit [1] Event: ClawdBot's Popularity - The AI assistant ClawdBot has gained significant attention in both overseas and domestic markets, emerging as a notable AI product for the beginning of 2026 [2] - On January 29, the Hong Kong stock of MINIMAX, a major model concept stock, surged over 15% [2] - ClawdBot's development was largely AI-generated, with MiniMax 2.1 being highlighted as the most "Agentic" domestic model, achieving stable local deployment on Mac Studio, showcasing the engineering capabilities of domestic models in complex intelligent applications [2] Institutional Insights - ClawdBot signifies a shift in AI product forms from "scene-level assistants" to "system-level Agent platforms," emphasizing comprehensive execution capabilities across tools, systems, and tasks [3] - The Agent's role is not to replace traditional software but to enhance overall efficiency as an intelligent execution hub, with traditional SaaS and software systems continuing to support foundational business logic and data infrastructure [3] - The Agent industry is evolving from single intelligence to multi-agent systems, with products like AnthropicCowork and MiniMaxAgent 2.0 enhancing local workflows and transforming AI from dialogue assistants to digital employees capable of long-term planning [3]