Recently, Anthropic CEO Dario Amoudi called for slowing down the pace of improving the capabilities of cutting-edge AI models to allow time for safety research and risk prevention. OpenAI CEO Sam Altman and SpaceX founder Elon Musk later expressed support. Related remarks raised market concerns about AI infrastructure investment prospects. Overseas chip stocks were under pressure, and the A-share and Hong Kong stock technology sectors were divided. If the iteration of cutting-edge models slows down, will demand in the AI industry chain also cool down? The agency currently believes that it is necessary to distinguish between the pace of model development and the growth in demand for computing power. At this stage, the enterprise application and reasoning business is still expanding. Relevant discussions are not enough to prove that AI capital expenditure has entered a contraction cycle, but investors' scrutiny of demand sources, commercial returns, and security boundaries is being strengthened.

Recently, Anthropic CEO Dario Amoudi called for slowing down the pace of improving the capabilities of cutting-edge AI models to allow time for safety research and risk prevention. OpenAI CEO Sam Altman and SpaceX founder Elon Musk later expressed support. Related remarks raised market concerns about AI infrastructure investment prospects. Overseas chip stocks were under pressure, and the A-share and Hong Kong stock technology sectors were divided. If the iteration of cutting-edge models slows down, will demand in the AI industry chain also cool down? The agency currently believes that it is necessary to distinguish between the pace of model development and the growth in demand for computing power. At this stage, the enterprise application and reasoning business is still expanding. Relevant discussions are not enough to prove that AI capital expenditure has entered a contraction cycle, but investors' scrutiny of demand sources, commercial returns, and security boundaries is being strengthened.