[Guolian Minsheng Computer] ‼️ AI Mainline Investment Strategic Focus May Tilt Toward Applications

English summary

### [Guolian Minsheng Computer] ‼️ AI Mainline Investment Strategic Focus May Tilt Toward Applications. Time: 2026-07-31 12:54:54 Content: [Accelerating the development of AI applications] is the key to resolving whether current AI capital expenditures can generate sufficient positive industrial capital return, and will become the focus of the entire industry. [The leap of open-source model capabilities to world-class levels greatly promotes AI application development]: ‼️ The open-source models we primarily recommend, such as Zhipu, MiniMax, and Kimi, are approaching the world's top closed-source models, achieving global AI capability equality and significant cost reduction, greatly promoting AI application development. Kimi K3's License model activates the commercial space of open-source models, realizing a positive business cycle of [open-source model + cloud/computing power rental], and Token factories will start a prairie fire. K3 uses a custom License. Inference service providers with annual revenue over $20 million must sign commercial agreements, and the revenue share for cloud/computing power service providers may reach 30%. It is estimated that computing power rental vendors will accelerate the adoption of Token revenue-sharing models in Q3. …