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🧠 I. AI Large Models & Software

Lu Weibing Posts Celebrating Xiaomi Phone's 15th Anniversary: Fully Embracing AI in the Future

On the 15th birthday of Xiaomi phones, Xiaomi executive Lu Weibing posted stating the company will fully embrace AI in the future. Since this year, Xiaomi has continuously intensified efforts in on-device large models, AI phones, and smart ecosystems. This statement signifies that the AI strategy extends further from Xiaomi Auto and HyperOS to the entire hardware matrix, serving as a barometer for observing "Xiaomi's AI commercialization pace."

ChatGPT New Feature: Subscribers Can Edit Google Drive Files Directly in Chat

OpenAI launched a new capability for subscribers: edit Google Drive files directly without leaving the chat window. AI assistants are moving from "conversation" to "directly modifying your files," elevating the competition for office scenario entry points to a new dimension—whoever grabs users' document assets first controls the next traffic entry point for office AI.

• AI Agent Insurance Products Launched — Insurtech companies are starting to underwrite agent decision errors, covering mistakes, losses, and compliance risks. If insurers are willing to cover agents, it indicates Agent commercialization has become "routine" enough to be priced.
• AI Compute "Credit Resale" Business Rises — Deep analysis reveals a token brokerage ecosystem: hoarding model quotas at low prices and reselling them at markups to demand-side users. AI compute is becoming a fluid "commodity," and the era of middlemen making margins has arrived.
• Joey Wong First Responds to AI Image Licensing — "We use AI, we aren't used by AI"; Game Tianxia's 18th anniversary uses AI to recreate classic characters. A public template for celebrity IP and AI licensing models is emerging, forming compliant paths for AI monetization of content assets.
• "Who Is Using AI": Heatmap of 1600+ Cities Launched — A data project tracks global actual AI usage daily: model downloads, SDK integrations, search trends, presenting a real AI consumption map via city heatmaps, offering new perspectives for industry observation.
• College Student Jailed for Using AI Face Forgery Videos to Steal 50,000 Yuan — CCTV disclosed a case: A college student purchased AI face forgery technology to steal over 50,000 yuan from bank cards, sentenced to 1 year and 10 months. Sentencing samples for AI crimes are landing, increasing pressure to upgrade biometric identification and payment risk control simultaneously.

🚗 II. Autonomous Driving & Smart Cars

BYD's New Seagull: LiDAR Downgraded to 60k-80k RMB Small Cars

Interior spy shots of the all-new Seagull leaked: Large floating center console screen, independent instrument cluster removed, optional LiDAR, 95kW motor. BYD uses scale to push LiDAR into entry-level price ranges, showing the most radical implementation sample of "smart driving equality"—a clear volume signal for sensor supply chains (LiDAR, domain controllers, car screens), and accelerating cost disadvantages for peers without self-developed smart driving capabilities.

• Voyah Zhuiguang S Completes Tunnel 360° Loop — Easter eggs hidden in official challenge videos: Huawei Qiankun Smart Driving ADS triggered AEB at the tunnel ceiling. One event simultaneously completes brand marketing and ADAS safety demonstration; Huawei-series smart driving branding tactics are becoming increasingly skilled.
• GAC Qijing GT7 Unveils L3 Architecture Globally for First Time — Witnessed by Huawei's Jin Yuzhi on-site, L3 readiness at the hardware level begins external display. The rhythm of L3 implementation is shifting from "policy permission" to "mass production preparation."

🌐 III. Primary Market & Macro

Gaokai Technology A-Share IPO Subscription Win Rate 0.019%

Gaokai Technology subscription results released, win rate only 0.019%, difficulty rivaling humanoid robot star Unitree. Extremely crowded participation funds indicate valuation expectations for scarce AI hardware targets are maxed out; for subscription funds, low win rates mean declining cost-effectiveness of this strategy; for the primary market, it signals enhanced bargaining power for subsequent financing of AI hardware projects.

US Warns Allies to Choose Sides in AI Race

The US sends a clear signal: Stand with the US in the AI race or face consequences. Reports say the US is pushing allies to restrict use of Chinese AI infrastructure and open-source models. The tech cold war escalates from "export controls" to "allies choosing sides." Cross-border flow of compute, models, and data begins carrying political attributes—a new, hard-to-hedge systemic risk factor for global AI investment.

• Chinese Models Dominate Top 5 Weekly Invocation Volume on OpenRouter — Latest weekly rankings show that for every 10 AI calls made by global developers, over 6 use Chinese models; Xiaomi MiMo-V2.5 tops the list with 10.5 trillion tokens. The invocation volume advantage of Chinese models is settling from "cost-performance" into "ecosystem inertia."

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