字节、小米加速布局，AIDC 持续高景气

Summary of Conference Call Records Industry Overview - The computer sector experienced a significant adjustment, declining by 4.24% last week, while the TRY version dropped by 0.22% and the overall market saw a decrease of 0.95% [1] - The sector is currently in an oversold state compared to the market [1] - There is a continuous increase in investment in computing power by manufacturers, with a focus on OEMAR [1] Company Insights: ByteDance - ByteDance announced the release of multiple large models at the Pose conference in mid-December, including a 3D generation model and an upgraded general model Pro [2][3] - Comprehensive processing capabilities improved by 32% since May, with reasoning ability up by 13%, coding ability up by 58%, and visual ability up by 43% [2][4] - ByteDance and Tencent ordered approximately 230,000 NVIDIA chips this year, ranking among NVIDIA's top clients [3][4] - The global technology companies' investment is projected to reach $229 billion in 2024 [3] - ByteDance is focusing on enhancing computing power demand and has plans for a long video generation model to be launched in Spring 2025 [2][4] Company Insights: Xiaomi - Xiaomi's ROT connection count reached 860 million, solidifying its position as the largest consumer ROT platform globally [5][6] - The daily usage of Xiaomi's platform OS interconnectivity exceeds 40 million times [5][6] - Xiaomi has achieved preliminary results with a 1.3 billion parameter model on mobile, nearing the performance of a 6 billion parameter cloud model [5][6] - Xiaomi is accelerating its industry layout in AI technology, with significant investments planned for the next three years, increasing from 2.31 billion to 4.035 billion [5][6] - The company is enhancing its AI capabilities, with a focus on human body engines and the addition of key developers to strengthen its large model research [5][6] Additional Insights - The AI applications are gradually being commercialized overseas, particularly in customer service and agency sectors, with companies like Salesforce and ServiceNow showing strong capabilities [2] - The integration of AI into Xiaomi's ecosystem is expected to drive significant demand and enhance its competitive edge in the market [6] - The strategic cloud platform integration is crucial for Xiaomi's ecosystem, with a focus on enhancing computational power across its product offerings [6]