GF SEC: The continuous reduction in domestic and international AI agent inference costs is expected to usher in a new round of catalytic period for AI applications.

GF SEC released a research report stating that recently, AI Agents have been launched intensively both at home and abroad, with the continuous reduction of reasoning costs. AI applications are expected to enter a new catalytic period, and both the industrial logic and catalytic mapping perspectives have opportunities. The trend of Agent industry will directly drive the growth of network security/IT operation/data governance demand. In the first half of 2026, it is expected that domestic AI models will accelerate catching up, with short-term optimism about the updates and iterations of domestic models such as DeepSeek. In addition, the recent strong financial reports of US stock giants strengthen the global narrative of AI prosperity, and recommends focusing on overseas cloud giant Alphabet Inc. Class C (GOOGL.US); the era of large models is more favorable for top manufacturers with concentrated resources, and recommends focusing on internet giant NETDRAGON head company BABA-W (09988) and others. GF SEC's main points are as follows: Recently, MoltBot (formerly ClawdBot) has gained phenomenon-level popularity in overseas communities. MoltBot is an automated hub for AI Agents directed towards developers. With characteristics such as 24-hour background work, local long-term memory, direct access through chat software, and integration with multiple terminals, it has rapidly gained attention in the overseas developer community. As of January 27, 2026, MoltBot's Github interface has received 62,400 stars and has been cloned 740 times. MoltBot exhibits high flexibility and scalability, but at the current stage, it still has many drawbacks: (1) MoltBot is mainly aimed at professional developers, with a high deployment threshold and high learning costs for non-technical personnel; (2) MoltBot lacks development and optimization for the Agent itself, relying on model performance and third-party tools with open APIs; (3) MoltBot has many network security risks, including data leakage and disclosure of sensitive information. Claude Cowork: An office Agent integrated into local workflow Claude Cowork's main function is to directly host desktop work on a computer and manage files at the system level. Users only need to specify the target folder and final task objective, and the product can independently break down complex requirements, plan execution paths, and execute steps. The Claude for Excel plugin can analyze data from local Excel files, create visual charts, and perform complex modeling. Rapid follow-up of domestic Agent products and functions (1) MiniMax Agent 2.0 has become a productivity tool deeply integrated into user workflows. Its context comes from authorized local work environments of users, and it can autonomously read folder contents, common file formats, local tool configurations, and material structures, without the need for users to repeatedly supplement. By authorizing proactive entry into users' work environments, it can autonomously understand file contents, web information, and workflows. (2) Coze 2.0 introduces four main capabilities, including Skill, long-term planning, programming, and office. Investment advice Recently, there has been an intensive release of AI Agents both at home and abroad, with the continuous reduction of reasoning costs. AI applications are expected to enter a new catalytic period, with opportunities in both industrial logic and catalytic mapping perspectives. The trend of Agent industry will directly drive the growth of network security/IT operation/data governance demand. For US stock recommendations: (1) Network Security: Cloudflare (NET.US), CrowdStrike (CRWD.US), Palo Alto Networks (PANW.US); (2) IT operation: Datadog (DDOG.US); (3) Data governance: Snowflake (SNOW.US), MongoDB (MDB.US). In the first half of 2026, it is expected that domestic AI models will accelerate catching up, with short-term optimism about the updates and iterations of domestic models such as DeepSeek. The recent strong financial reports season of US stock giants further strengthens the global narrative of AI prosperity, and recommends focusing on overseas cloud giants Alphabet Inc. Class C (GOOGL.US), Amazon.com, Inc. (AMZN.US). The era of large models is more favorable for top manufacturers with concentrated resources, and recommends focusing on internet giant NETDRAGON head company BABA-W (09988), TENCENT (00700), as well as leading companies in segmented scene applications such as KUAISHOU-W (01024), MEITU (01357), Hangzhou Shunwang Technology (300113.SZ), FENBI (02469). For the IP+AI video industry chain, it is recommended to focus on CHINA LIT (00772), COL Group Co., Ltd. (300364.SZ), Shanghai Film (601595.SH), Alpha Group (002292.SZ), Zhejiang Huace Film & TV (300133.SZ), H&R Century Union Corporation (000892.SZ), IReader Technology (603533.SH), etc.; for AI content rights, focus on VOBILE GROUP (03738); for AI marketing, focus on MOBVISTA (01860), Easy Click Worldwide Network Technology (301171.SZ), BlueFocus Intelligent Communications Group (300058.SZ), Inmyshow Digital Technology (600556.SH); for AI e-commerce, focus on Beijing Zhidemai Technology (300785.SZ); for AI customer service agents, focus on Beijing Ultrapower Software (300002.SZ); for AI gaming, focus on Kingnet Network (002517.SZ); for AI healthcare, focus on JD HEALTH (06618), ALI HEALTH (00241). Risk Warning The model iteration effect is not as expected, commercial application is not as expected, and risks related to copyright, ethics, and content quality.