Goldman Sachs: It is expected that more AI results will be announced and applied to the Xiaomi Group-W (01810) ecosystem. The target price is HK$53.5

The Zhitong Finance App learned that Goldman Sachs released a research report saying that it is expected that more AI results will be announced in the next few quarters and applied to the Xiaomi Group-W (01810) ecosystem and its largest AIoT connected device in the world, which will drive differentiated development and support the upgrade strategy of Xiaomi's “People and Cars” ecosystem. It gave Xiaomi a “buy” rating, and the target price was HK$53.5.

On December 1, ByteDance released a preview version of Doubao Mobile Assistant technology, specially designed for smartphone brands. It integrates Doubao's large-scale language model into the action system, which can perform multi-step tasks such as visual screen content interpretation and cross-application work. The preview version has been embedded into the new Nubia M153 phone model as an engineering prototype. Previously, the Doubao Mobile Keyboard was launched on iOS and Android platforms in late November, indicating that ByteDance is strategically expanding into the field of mobile internet infrastructure and smartphone ecology.

In terms of Xiaomi's AI layout, the report indicates that Xiaomi is actively exploring large-scale edge-side language models and cloud-based large-scale language models to meet the diverse needs of different scenarios for flexibility and convenience. The company has launched a variety of specialized large-scale language models, covering visual, audio, voice, and localized intelligent assistants, and released a new cross-embodied basic model MIMO-embodied on November 21.