Lates News

CITIC Securities pointed out that the recent simultaneous release of new models by the three major North American model manufacturers has attracted attention in the capital market. Google released the world's first real-time interactive world model Genie 4, which can generate videos with a duration of several minutes; Anthropic released the Claude 4.1 programming test score, breaking industry records; OpenAI released the open-source reasoning model GPT-OSS with 200 billion parameters, which can be deployed locally on mobile devices and performs well. CITIC Securities believes that the rapid updates and iterations of model manufacturers in the recent period will have effects including: a arms race of technology giants in the frontier model field, continuous explosive growth of computing power brought by reasoning, scaling laws, and multimodality, and unlocking of complex application scenarios brought by improved reasoning capabilities. In the US technology sector, it is suggested to continue to focus on infrastructure, AI applications, etc., and focus on AI computing chips, HBM, AI network devices, IDC, basic & application software, internet services, and other areas.