2???????????13?????????????,????(“????”,????:08220.HK)?????,??(??????????)????(“??”)????(“??”,??????????:002517.SZ)??“??????”?????????AI???(???“?????????”),??(“???????????”)??????????????????????????????????????????????????????????????????????????,??????????????AI??,???????????AI????????,?????????????IP+AI?????,?????????????

????????????,????“??”????????????AI???,??“????????????????????????”?????,????????????1???,??????????????????AI?????????????????????????55%??????????,????????????“??????????????????”??,???????????????????????????,???AI????????(AIGC)??,???

??????,???????????????,??????????????????????????????,?????????????????????,??????????????????????,??AI????IP+AI?????

?????,?????,?????????,????,???

?????????????????????????AI??????,???????????????????,??????????,AI?????????????,DeepSeek?,??????????????AI??????????,AI?????????????????????,DeepSeek??????,??????????AI????????????,????,??????????????????????AI?,?????????????,????????????????“AI+????????”?????

??,???,???AI?????????????????“??”??????????????????AI???????????,??????????,???????????????????,??????,??????????????????????,??Transformer??,???????,???????????????,?????????????,?????????????

??????IP????????????????????,?????????????«???????»??????«?????»??,?????IP????IP?????????????,??????????????IP«OVERLORD»«???»«BLEACH?????????????????»,???????????IP«?????????????»«??????»«????????????RO»,????????IP«???????»«????»,???????????????????IP«???????»«???»«??»????«?????»??IP????,??????,??????????????,????IP??,??????????????,??????????IP?????????????,???????????,???????????IP???AI??????

??,???????????????,??????????????????,??AI????,?????????,??,?AI??,?????AI????????????????????(????????????????) ??????????:????

??

??:???????????,??????????,??????????????