計算機行業週報：羣核開源空間語言模型，英偉達發佈機器人計算平臺Jetson Thor

國金證券

08/31

（以下內容從國金證券《計算機行業週報：羣核開源空間語言模型，英偉達發佈機器人計算平臺Jetson Thor》研報附件原文摘錄）本週觀點8月26日，羣核科技開源空間語言模型SpatialLM1.5和空間生成模型SpatialGen，主要用於解決視頻模型的空間一致性問題。SpatialLM1.5是基於大語言模型訓練的空間語言模型，主要解決“理解與交互”問題，該模型支持用戶通過對話交互系統...

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Thor》研報附件原文摘錄）本週觀點8月26日，羣核科技開源空間語言模型SpatialLM1.5和空間生成模型SpatialGen，主要用於解決視頻模型的空間一致性問題。SpatialLM1.5是基於大語言模型訓練的空間語言模型，主要解決“理解與交互”問題，該模型支持用户通過對話交互系統SpatialLM-Chat進行可交互場景的端到端生成。空間生成模型SpatialGen則專注於“生成與呈現”，主要解決當前視頻模型的空間一致性問題，該模型採用“多視角擴散+3DGS重建”的技術路徑。8月25日，釘釘創發佈釘釘8.0版本(AI釘釘1.0版本)，該版本包含五大AI新產品，以及針對AI客服、AI營銷服和Al教育的三大Al新場景方案。AI釘釘1.0的配套產品包含Agent驅動的工作信息流釘釘ONE、AI硬件DingTalk A1.AI聽記、AI搜問和Al表格。AI釘釘1.0面向教育、客服、營銷服推出“開箱即用”場景方案，用AI原生方式重建Agent服務，推出了在線客服Agent、主動服務Agent、服務質檢Agent、VOC跟進Agent四個數字人助理，自動服務用户。谷歌近日發佈圖像生成與編輯模型Gemini2.5Flash lmage(代號nano-banana)。Gemini2.5Flash lmage此次更新了保持角色一致性、完全基於提示的圖像編輯、原生世界知識和多圖像融合四個能力。模型的價格為每百萬輸出token30美元，每張圖片為1290個輸出token，即每張圖片需0.039美元。模型目前可在Gemini Apl和Google Al Studio中預覽。8月26日，英偉達發佈機器人計算平台Jetson Thor，該平台基於最新的Blackwell GPU架構，使AI算力大幅提升至2070TFLOPS，比上一代提高了7.5倍，能效也提高了3.5倍，此外Jetson Thor還配備128GB的超大內存。在軟件優化方面，Jetson Thor原生支持NVIDlAlsaac、lsaac GR00T、Metropolis、Holoscan等平台，支持從雲到邊緣的統一開發和部署路徑。通過FP4量化和推測解碼技術，某些模型的性能可再提升2倍。Jetson Thor的開發者套件在美國售價為3499美元(約合人民幣25000元)。本週25年中報披露期收尾，預計基本面及公司發展機遇的信息逐步得到傳遞，財務數據對股價影響的權重階段性下降，長期發展尤其主業穩健性與新業務落地節奏的重要度提升，總體層面，我們認為計算機板塊收入端預計偏平淡，細分領域看，預計AI產業鏈、智能駕駛、國產替代、出海等相關方向景氣度相對更好，利潤端預計受益於基數、減員增效、AI對內賦能下的成本費用節約，會有相比收入更好的表現，在低基數和新技術落地加快背景下，預計下半年總體經營強度會好於上半年。大的主線預計還是集中在AI產業鏈相關方向，AI落地在上半年預計有相比前兩年更多的進展，下半年預計環比上半年有進一步的倍數增長。我們認為確定性相對高的AI落地方向，一是軟硬結合的端側AI硬件，二是C端尤其是出海方向軟件，三是B端企業服務和製造業信息化相關領域，四是G端/大B端的大模型定性化、私有化部署/一體機等。細分行業景氣度看，25年我們認為高景氣維持的賽道包括AI算力、激光雷達；加速向上的賽道有AI應用；穩健向上的賽道包括軟件外包、金融IT、量子計算、數據要素、EDA、出海、信創；拐點向上的賽道包括教育IT、網安、企業服務；底部企穩的賽道包括智慧交通、政務IT、安防、建築地產IT；略有承壓的賽道包括工業軟件、醫療IT。投資建議建議關注國內生成式大模型龍頭科大訊飛；AI硬件有望成為應用落地的新載體，建議關注海康威視、虹軟科技、禾賽等；AI相關功能打磨能夠帶動付費率、Arpu值提升，建議關注邁富時等。風險提示行業競爭加劇的風險；技術研發進度不及預期的風險；特定行業下游資本開支週期性波動的風險。","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"productRelease","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}