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Research report
字节AI战略全面复盘-华泰证券
风险提示 宏观经济波动。若宏观经济波动，产业变革及新技术的落地节奏或将受到影响，宏观经济波动还可能对AI投入产生负面影响，从而导致整体行业增长不及预期。 技术进步不及预期。若AI技术和大模型技术进步不及预期，或将对相关的行业落地情况产生不利影响
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