The Zhitong Finance App learned that on January 8, Tan Zuojun, member of the Party Committee and Deputy Director of the State Council's State-owned Assets Administration Commission, attended the graduation ceremony of the Central Enterprise Artificial Intelligence Special Training Course held at China Telecom Party School and stated that artificial intelligence should be vigorously developed to promote high-quality development of central enterprises. It is necessary to speed up the learning and application of artificial intelligence, deepen the “root technology” of artificial intelligence, thoroughly implement the “AI+” campaign, strengthen artificial intelligence to empower all industries, drive technological innovation, and make artificial intelligence a powerful engine for industrial upgrading and transformation.

The big model industry, represented by generative artificial intelligence, continued to flourish last year, and the application of artificial intelligence in China progressed rapidly. According to incomplete statistics on the bidding market, in 2023, the winning bid amounts for the big model projects publicly disclosed by the market were 92 and 0.789 billion yuan respectively, soaring to 1,520 and 6.467 billion yuan in 2024. The winning projects and winning bid amounts increased 15.5 times and 7.2 times, respectively. Central state-owned enterprises are the absolute main players in the large-scale model bidding market, involving various industries such as energy, communications, finance, and education.

Among them, iFLYTEK ranked first with 91 winning projects and disclosing the winning bid amount of 847.808 million yuan, becoming the top bid in 2024. Baidu ranked second with 69 winning projects and a disclosure amount of 372.853 million yuan, while Zhipu ranked third with 32 winning projects and a disclosure amount of 129.175 million yuan.

Take the “Haineng” artificial intelligence model jointly built by CNOOC and iFLYTEK. The model can target scenarios such as stable production increase, safe drilling, offshore manufacturing, equipment maintenance, LNG (liquefied natural gas) trade, and oil and gas sales in offshore oil fields to build a new model of data-driven and business collaboration, further improving the level of digital intelligence in the marine energy industry.

CNOOC Chairman Wang Dongjin stressed at the “Haineng” artificial intelligence model conference in October last year that the company will continue to pay attention to international AI technology trends, deepen practical cooperation with partners, accelerate the governance of exploration and development and management data, strive to achieve a 50% digitization rate by the end of the “14th Five-Year Plan”, reach 80% by the end of the “15th Five-Year Plan”, and comprehensively build a “smart marine oil” ecosystem to provide intelligent support for becoming a world-class enterprise.

In 2024, state-owned central enterprises launched AI+ special operations, and a number of central energy companies released large-scale models one after another.

On November 28 of last year, at the Kunlun Big Model construction results conference, CNPC introduced the 70 billion parameter Kunlun Model created in collaboration with China Mobile, Huawei, and iFLYTEK, and showcased 43 innovative scenarios for professional and general applications. According to reports, the Kunlun Big Model is the first major model in China's energy and chemical industry to pass the filing. Its professional capabilities in natural language processing, visual speech recognition, multi-modal interaction, and scientific computation have been greatly improved, and the visual big model training data has been further enriched, and China's first major professional model in all fields of exploration has been built.

On December 19, the State Grid Co., Ltd. released the first 100 billion multi-modal power industry model in China, the Guangming Electric Power Model in Beijing. As an artificial intelligence “expert” in the field of energy and power, this model can provide a “superbrain” for the safe and stable operation of power grids, promoting the consumption of new energy sources, and providing good power supply services. On the same day, State Grid Co., Ltd. signed strategic cooperation framework agreements with Baidu Group and Alibaba Group respectively to jointly build the Guangming Electric Power Model with them.

Societe Generale Securities said that in foreign countries, OpenAI released the big model O3, and model capabilities have been greatly improved once again. Domestically, ByteDance's Volcano Engine released the Doubao visual understanding model, and is expected to officially launch a next-generation video generation model in January 2025. Driven by the “pangasius effect” of leading domestic and foreign models, the AI industry chain is expected to maintain a high level of prosperity, from computing power and algorithms to applications.

Related concept stocks:

Baidu Group - SW (09888): On December 21 last year, Liaoning Province and Beijing Baidu Netcom Technology Co., Ltd. signed a strategic cooperation framework agreement signing ceremony. According to the agreement, Liaoning Province and Baidu established a strategic cooperative relationship to jointly promote the application of large model technology, the sound development of the data element system, and the construction of a talent innovation practice base to achieve win-win development.

Alibaba-SW (09988): In December of last year, Alibaba Entrepreneurs Fund announced the establishment of an artificial intelligence fund with a scale of 0.15 billion US dollars. The fund mainly covers industries where artificial intelligence can be applied in depth, including financial services, consumer retail, healthcare, construction and real estate, and arts and entertainment. Currently, Ali has invested in mainstream domestic big model startups such as Minimax, Dark Side of the Moon, 10,000 Things, Smart Spectrum AI, and Baichuan Intelligence, with a total investment of over 13 billion yuan.

ZTE (00763): On December 18 of last year, in order to accelerate the implementation of artificial intelligence and big model technology in the industry, ZTE joined forces with more than 40 partners to jointly launch the Open Intelligent Computing Industry Alliance (COIA). According to reports, the Open Intelligent Computing Industry Alliance aims to accelerate the practical application of artificial intelligence and big model technology, and help enterprises in various fields achieve “AI+” transformation. The alliance will incubate diverse artificial intelligence application projects, support unicorn companies in the field of artificial intelligence, and join forces upstream and downstream in the industrial chain to jointly build an AI industry ecosystem.