组委会 发自 MEET2026 量子位 | 公众号 QbitAI 刚刚，《2025年度AI十大趋势报告》在MEET2026智能未来大会上正式发布。 报告由量子位智库打造，基于对全球AI技术发展、产业应用和社会影响的深度调研与分析，全面呈现了人工智能领域的最新现状与未来发展趋势。 十大趋势重塑AI发展格局 报告指出，2025年AI正从"工具时代"迈向"伙伴时代"，其发展将深刻重塑经济结构、社会形态和人类生活方式，并有十大关键趋势结论： 算力基建化：数据中心需求狂飙，算力经济是智能产业第一大引擎 芯片AI化：AI原生需求重塑芯片创新，大市场大生态打开时代芯机遇 预训练决定大模型格局梯队，架构创新决定预训练水平 大模型落地进入推理时间，推理需求倒逼模型创新 信息AI应用期，物理AI研发期，具身智能成合流风口 AI重塑流量入口：PC互联网、移动互联网、Agentic互联网 多模态成AI应用落地关键：视频、3D、代码依次展现生产力 AI硬件百端齐放：PC手机汽车眼镜玩具，焕脑正当时 AI4S突破加速AGI实现，AI数理化触及博士水平 开源AI进入中国时间，AGI拥有中国路线 趋势三：预训练决定大模型格局梯队，架构创新决 ...

组委会 发自 MEET2026 量子位 | 公众号 QbitAI 刚刚，《2025年度AI十大趋势报告》在 MEET2026智能未来大会 上正式发布。 报告由量子位智库打造，基于对全球AI技术发展、产业应用和社会影响的深度调研与分析，全面呈现了人工智能领域的最新现状与未来发展趋 势。 十大趋势重塑AI发展格局 报告指出，2025年AI正从"工具时代"迈向"伙伴时代"，其发展将深刻重塑经济结构、社会形态和人类生活方式，并有十大关键趋势结论： 算力基建化：数据中心需求狂飙，算力经济是智能产业第一大引擎 芯片AI化：AI原生需求重塑芯片创新，大市场大生态打开时代芯机遇 预训练决定大模型格局梯队，架构创新决定预训练水平 大模型落地进入推理时间，推理需求倒逼模型创新 信息AI应用期，物理AI研发期，具身智能成合流风口 AI重塑流量入口：PC互联网、移动互联网、Agentic互联网 多模态成AI应用落地关键：视频、3D、代码依次展现生产力 AI硬件百端齐放：PC手机汽车眼镜玩具，焕脑正当时 AI4S突破加速AGI实现，AI数理化触及博士水平 开源AI进入中国时间，AGI拥有中国路线 报告通过对十大核心趋势的系统梳理，为企 ...

来源：科技先生 科技先生讯，北京，12月10日消息，《2025年度AI十大趋势报告》在"MEET2026智能未来大会"上正式 发布。 报告由量子位智库打造，基于对全球AI技术发展、产业应用和社会影响的深度调研与分析，全面呈现 了人工智能领域的最新现状与未来发展趋势。 十大趋势重塑AI发展格局 报告指出，2025年AI正从"工具时代"迈向"伙伴时代"，其发展将深刻重塑经济结构、社会形态和人类生 活方式，并有十大关键趋势结论： 算力基建化：数据中心需求狂飙，算力经济是智能产业第一大引擎 芯片AI化：AI原生需求重塑芯片创新，大市场大生态打开时代芯机遇 预训练决定大模型格局梯队，架构创新决定预训练水平 大模型落地进入推理时间，推理需求倒逼模型创新 信息AI应用期，物理AI研发期，具身智能成合流风口 AI重塑流量入口：PC互联网、移动互联网、Agentic互联网 多模态成AI应用落地关键：视频、3D、代码依次展现生产力 AI硬件百端齐放：PC手机汽车眼镜玩具，焕脑正当时 AI4S突破加速AGI实现，AI数理化触及博士水平 开源AI进入中国时间，AGI拥有中国路线 报告通过对十大核心趋势的系统梳理，为企业管理者、投资机 ...

Core Insights - Tencent Cloud is focusing on two main strategic directions: "intelligentization" and "globalization," with AI empowerment for customers and international business as key priorities [1][2] Intelligentization Engine - The intelligentization engine is divided into two main aspects: accelerating AI application scenarios and enhancing intelligent agent deployment [3][4] - For C-end applications, the daily active users (DAU) of Yuanbao have entered the top three among domestic AI native applications, while the QQ browser's AI monthly active users have increased by 17.8 times since April [4] - For B-end applications, the user base for Tencent Meeting's AI features has grown by 150% year-on-year, and the AI programming tool CodeBuddy supports 50% of Tencent's new code generation, improving development efficiency by over 16% [4][5] Globalization Engine - Tencent Cloud's international business has achieved high double-digit growth over the past year, with the number of overseas customers doubling [2][6] - The company plans to upgrade its international strategy in three areas: infrastructure, technology, and services. It has established 11 regional offices and 9 global technical support centers [2][6] - Over 90% of internet companies and 95% of leading gaming companies going abroad have chosen Tencent Cloud [2][6] Multi-modal and 3D Model Progress - Tencent Cloud has launched the mixed Yuan 3D 3.0 model, which has tripled modeling accuracy compared to the previous version [7] - The company introduced a one-stop tool, Mixed Yuan 3D Studio, for professional 3D producers, covering seven core processes applicable in game development, animation production, and industrial design [7] - The production efficiency of 3D assets has significantly improved, reducing the generation cycle from 5-7 days to just a few minutes using the Mixed Yuan 3D AI production pipeline [7]

Investment Rating - The report maintains a "Buy" rating for Tencent Holdings with a target price of HKD 705.0, indicating a potential upside of 6.6% from the current price of HKD 661.50 [3]. Core Insights - Tencent Cloud is focusing on two strategic directions: "intelligentization" and "globalization," with AI-enabled customer solutions and international business growth as key priorities [1][8]. - The company has accelerated the deployment of AI applications across both consumer (C-end) and business (B-end) sectors, showcasing significant growth in user engagement and application usage [7][10]. - Tencent Cloud's international business has seen high double-digit growth over the past year, with the number of overseas customers doubling, positioning it as a preferred choice for over 90% of internet companies and 95% of leading gaming companies going global [1][20]. Financial Summary - For FY23A, Tencent's revenue is reported at RMB 609,015 million, with an adjusted net profit of RMB 157,688 million. Projections for FY24A and FY25E show revenues of RMB 660,257 million and RMB 736,804 million, respectively, with adjusted net profits of RMB 222,703 million and RMB 252,172.5 million [2][27]. - The adjusted earnings per share (EPS) for FY24A is projected at RMB 23.96, increasing to RMB 27.17 in FY25E, reflecting a positive growth trajectory [2][27]. Strategic Developments - Tencent Cloud has launched a comprehensive AI application matrix, with over a hundred applications upgraded to include AI capabilities, enhancing user experience across platforms like WeChat and Tencent Meeting [8][10]. - The company has introduced the "Agent Runtime" solution to support intelligent agents, significantly improving deployment speed and operational efficiency [13][18]. - Tencent Cloud's mixed 3D model has improved modeling accuracy by three times compared to previous versions, facilitating faster production cycles for 3D assets [22][23].