行业更新关注国产大模型及应用机会

Summary of the Conference Call on AI Industry Update Industry Overview - The conference call was hosted by Dongdong Technology, focusing on the AI large model and its applications, as well as the connection between communication and AI [2][3]. Key Points and Arguments 1. Current Market Sentiment: Despite recent pessimism in the market, the analysis team believes this is an opportune time to focus on the iteration and application of domestic large models, indicating a potential for valuation recovery in the AI sector [3][5]. 2. Domestic Large Models: Domestic large models have shown competitive advantages in performance and cost, with most mainstream AI applications adopting self-developed or domestic models, minimizing the impact of OpenAI's restrictions [4][5]. 3. Market Overreaction: The excessive pessimism in the AI sector is attributed to investor concerns over the commercial prospects of large models due to declining costs, leading to reduced institutional holdings. However, the financing scale and speed in both primary and secondary markets are increasing, suggesting that the intrinsic value of the industry is not fully recognized [5][9]. 4. AI Applications Growth: AI-native applications have significantly improved visibility in 2023, with many having clear product positioning and business models. AI social products are showing strong growth in overseas markets, leveraging diverse content generation to attract users [8]. 5. Chinese Companies' Competitiveness: Chinese companies are not lagging in the AI-native application field, with recommendations for investors to increase allocations in domestic AI sectors, focusing on companies like Kunlun Wanwei and Focus Technology [9]. 6. AI Computing Power Trends: The demand for AI computing power is expected to grow next year, driven by the evolution of OpenAI products and the commercial application of large models by companies like Meta and Google [9][10]. 7. Apple's AI Strategy: Apple is integrating large models with AI applications through continuous hardware upgrades, enhancing edge computing capabilities. This integration is expected to stimulate demand for new devices [11][12]. 8. Investment Opportunities in Apple's Supply Chain: Companies that align with Apple's AI strategy, such as GoerTek and Foxconn, are highlighted as having strong investment potential due to their innovative capabilities [12]. Additional Important Insights - Emerging AI Products: The release of new large models, such as those from Yunduo, demonstrates rapid iteration and innovation within the AI industry, indicating that the sector's growth potential remains robust [7]. - AIPC Development: The AI personal computer (AIPC) market is experiencing strong growth, with major companies announcing their product strategies, suggesting a new growth phase for the PC market [12]. This summary encapsulates the critical insights and trends discussed during the conference call, providing a comprehensive overview of the current state and future outlook of the AI industry.