除了视频大模型，昆仑万维旗下AI视频创作平台SkyReels进行了多项升级。在内容制作方面，目前平台 已支持30秒长视频生成，满足用户对长时内容的创作需求。数字人方面，已实现长达40秒的稳定表现。 在商业化方面，有效提高支付成功率和营收水平。 在AI音乐与AI音频方向亦不断深耕。2025年3月，昆仑万维发布全球首个音乐推理大模型Mureka O1及 音乐基座模型Mureka V6。其中O1模型通过引入思维链(Chain-of-Thought)，显著提升音乐生成品质以及 音乐创作效率与灵活性，评测指标全面优于行业竞品；2025年7月，昆仑万维进一步推出Mureka V7， 标志着AI音乐生成从"工具化"走向"人性化"，其良品率从V6的43.4%提升至57.7%，人声真实度提升 44%，音质提升近一倍；2025年8月15日，公司再度推出Mureka V7.5模型，该版本在中文歌曲音色、演 奏技法、咬字与情感表现方面全面升级。此外还发布了全新的音频模型Mureka TTS V1，并提出首个基 于MOE的角色描述语音合成框架——MoE-TTS。Mureka已开放国内登录入口和API接口，支持音乐生 成API和语音合成 ...

8月22日，昆仑万维(股票代码：300418.SZ)公布了2025年半年报，公司上半年实现营业总收入37亿，同比增长 49%。其中，海外收入34亿元，同比增长56%，占收入比重达92%，同比增加4个百分点。 Skywork测评表现 AI视频大模型持续升级迭代，性能不断优化。2025年2月18日，昆仑万维正式开源首个面向AI视频创作的开源视 频生成模型——SkyReels-V1，该模型在同等分辨率下各项指标实现开源SOTA，此外还同步开源首个SOTA级别、 基于视频基座模型的表情动作可控算法——SkyReels-A1；2025年4月21日，公司又发布并开源首个基于"扩散强迫 (Diffusion-forcing)"框架的无限时长电影生成模型——SkyReels-V2，标志着AI视频生成迈入"无限时长、影视级质 量、精准控制"的新阶段；2025年8月11日，公司发布音频驱动视频生成模型SkyReels-A3，该模型基于 DiT(Diffusion Transformer)结构，能够实现任意时长的全模态音频驱动数字人创作，能在单分镜条件下输出超过60 秒、多分镜无限时长的视频内容。 SkyReels-A3框架示意图 ...

公司自研AI游戏《猫森学园》正推进测试，聚焦个性化、沉浸感与社交性优化。社交平台Linky持续迭 代优化，提升用户体验与平台稳定性。 AI应用产品商业化进程加速。2025年5月，公司面向全球发布天工超级智能体(Skywork Super Agents)， 具备一站式生成文档、PPT、表格、网页、播客及多媒体内容的能力，在GAIA评测中位列全球第一。8 月推出其核心引擎Skywork Deep Research Agent v2，在多模态能力、深度浏览与任务执行等方面均实现 重大突破。 AI视频生成模型持续升级迭代。公司先后开源视频生成模型SkyReels-V1、无限时长电影生成模型 SkyReels-V2，以及音频驱动视频生成模型SkyReels-A3。旗下AI视频创作平台SkyReels进行了多项升 级，已支持30秒长视频生成，数字人方面，已实现长达40秒的稳定表现。预计9月平台将推出新一轮产 品更新。 AI音乐生成方面，公司推出音乐推理大模型Mureka O1和基座模型Mureka V6，随后发布V7和V7.5版 本，良品率、人声真实度和音质显著提升，并发布语音合成模型Mureka TTS V1和MoE- ...

Core Viewpoint - The global tech giants are heavily investing in AI, with a projected expenditure of $325 billion on AI infrastructure in 2023, adopting a "burn money first, profit later" strategy to accelerate the development of large model technologies [1] - Chinese companies are not only keeping pace but are also surpassing in several AI fields, with firms like Kunlun Wanwei demonstrating significant international competitiveness and innovative capabilities [1][2] Group 1: Company Performance - Kunlun Wanwei's total revenue reached 1.76 billion yuan in Q1 2025, a 46% year-on-year increase, with 94% of its revenue coming from overseas markets [2] - The annualized revenue from its AI music business is approximately $12 million, with monthly revenue exceeding $1 million, while its short drama platform, Dramawave, boasts an ARR of $120 million [2] Group 2: AI Market Dynamics - The focus of AI competition is shifting from "whose model is stronger" to "who can better implement scenarios and capture markets" [2] - The AI landscape is characterized by a transition from model competition to practical application, with companies needing to demonstrate real-world value to users [16] Group 3: Leadership Insights - The CEO of Kunlun Wanwei, Fang Han, emphasizes the importance of embracing change and continuous learning for professionals to avoid being left behind in the rapidly evolving AI landscape [10][54] - Fang Han believes that AI acts as a "catalyst" for enhancing efficiency across various industries, with significant implications for both basic and applied sciences [7][8] Group 4: Global Competitive Landscape - The AI competition is now defined by a "China-US dual strong" dynamic, with both countries leading in technology accumulation and talent reserves [20] - Despite a colder investment environment in China, this has driven local companies to innovate in business models and product forms, leading to faster commercialization compared to their US counterparts [20][21] Group 5: International Expansion - Kunlun Wanwei has achieved 94% of its revenue from overseas, showcasing its early and successful international expansion strategy [26] - Key strategies for successful international expansion include market selection based on GDP, strong localization efforts, and differentiation in product offerings [26][27] Group 6: AI Technology and Future Trends - The current AI market is still in its early stages, making it challenging to predict which directions will succeed, necessitating a strategy of rapid experimentation [17] - The CEO predicts that AI-generated content (AIGC) will see easier commercialization compared to other AI applications, with user acceptance being relatively high [32][33] Group 7: Open Source and Innovation - The evolution of open source from a purely altruistic endeavor to a commercially viable model is highlighted, with open source now seen as a way to meet diverse user needs and generate sales leads [44][46] - The future of large model open source is expected to become more accessible as hardware costs decrease and algorithm efficiency improves, leading to a potential explosion in the open source ecosystem [48][49]

昆仑万维并不是一家容易读懂的公司。成立17年，上市整10年，从浏览器、社交、搜索、游戏，到近两 年涉足AI音乐、AI短剧等，它从未远离过大厂云集的风口。 但能在巨头卧榻之侧长久生存，昆仑万维总结出了一套独特而实用的"中厂"生存哲学：找准细分市场， 不进红海；做好付费赛道，坚持盈利。 更多时候，昆仑万维贴紧大厂的节奏，又将触角伸向其射程外的市场。2023年，乘着AI的东风，昆仑 万维股价在几个月时间里飙升了5倍。其实，昆仑万维的生意早已遍布五大洲70多个国家。 这不仅为StarMaker带来了用户，也打下了日后研发音乐大模型的技术基础。"人类到现在为止，总共只 生产了4000万首音乐。在这个过程中，我们对大量音乐进行了处理，也收集了全球各地的公开版权音 乐。" "宁为鸡口，不为牛后。"已加入昆仑万维17年的董事长兼CEO方汉言简意赅地对《财经天下》说。他总 结，中厂要懂得从终局思考，在当下的大模型军备竞赛中，中厂更需要在自己熟悉的赛道中做 到"SOTA"（State-of-the-Art，当前最佳技术或最前沿水平）。 去年4月，昆仑万维发布了第一代音乐生成模型Mureka V1（SkyMusic）。经过一年的改 ...