花旗:腾讯控股(00700)HY 3.0预览版已整合至广泛产品线 维持“买入”评级

智通财经网
Apr 27

智通财经APP获悉,花旗发布研报称,腾讯控股(00700)于23日发布新模型HY3.0预览版,这是一款MoE(混合专家)架构语言模型,总参数量达2,950亿,上下文窗口256k,在复杂推理及代理能力方面有显著提升。HY 3.0采取“务实”方针,专注于现实世界应用而非实验室评分,并声称推理效率提升40%,定价具竞争力。花旗维持对腾讯的“买入”评级,目标价783港元。

该行认为,尽管名为“预览版”,但模型已立即整合至腾讯广泛的产品线,包括元宝、ima、CodeBuddy、WorkBuddy、QQ、腾讯文档、腾讯地图、微信公众账号及和平精英等,显示模型已准备好用于解决现实问题。模型专注于实用及具成本效益的部署,属正面战略方向。该行相信,随着官方HY3.0正式版或后续3.1/3.2版本推出,模型能力有望进一步提升。

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