UBS: Mainland Chinese tech giants' AI strategy focus on local market Emerging AI companies helping overseas businesses

UBS released a research report stating that it recently held two expert conference calls on the development of artificial intelligence (AI) in China, inviting experts from top AI laboratories and leading internet groups to participate. The report points out that experts revealed the strategic focus of differentiation among enterprises: Internet giant NETDRAGON is prioritizing the domestic market, including integrating AI chatbot Siasun Robot&Automation into consumer-oriented AI super applications as a new traffic entry point, while also strengthening AI agent ecosystem and content generation capabilities. Emerging AI laboratories, on the other hand, are more focused on enterprise services and overseas markets, showcasing revenue potential in the fast-growing AI agent product (such as OpenClaw) field through model efficiency improvement and cost advantages. In the field of video generation, experts point out that AI has significantly improved the production efficiency of short films, advertisements, and e-commerce marketing, and remains optimistic about its long-term market potential as application scenarios expand to include game production, Siasun Robot&Automation training, and autonomous driving. UBS recently initiated coverage of MiniMax (00100), believing that the company has a good positioning and is poised to benefit from the red-hot development of AI in China and global markets. Among internet giants, they are optimistic about the full-stack AI capabilities of Alibaba-W (09988) and Baidu-SW (09888), while also keeping an eye on the potential of TENCENT (00700) and KUAISHOU-W (01024) in the AI application field.