CITIC Securities released a research report saying that with the penetration of AI coding, it is essential to create a new AI commercialization line. Model companies that have achieved fruitful results in the coding field, such as OpenAI and Anthropic, have begun to form FDE teams to seek a deep integration of model capabilities with real business scenarios. The bank believes that software companies, as important players with customer cards, delivery capabilities, and industry know-how accumulation, are expected to become important partners for model companies to seize the value leap opportunities brought by FDE; at the same time, drawing on Palantir, reconstructing business models, establishing AI engineering delivery capabilities, and exploring effect billing are important signs of the software company's successful FDE transformation. It is recommended to focus on the following types of companies with potential and foundation for FDE business development: 1) model vendors; 2) enterprise software vendors; 3) IT service vendors; 4) vertical industry vendors.

CITIC Securities released a research report saying that with the penetration of AI coding, it is essential to create a new AI commercialization line. Model companies that have achieved fruitful results in the coding field, such as OpenAI and Anthropic, have begun to form FDE teams to seek a deep integration of model capabilities with real business scenarios. The bank believes that software companies, as important players with customer cards, delivery capabilities, and industry know-how accumulation, are expected to become important partners for model companies to seize the value leap opportunities brought by FDE; at the same time, drawing on Palantir, reconstructing business models, establishing AI engineering delivery capabilities, and exploring effect billing are important signs of the software company's successful FDE transformation. It is recommended to focus on the following types of companies with potential and foundation for FDE business development: 1) model vendors; 2) enterprise software vendors; 3) IT service vendors; 4) vertical industry vendors.