Kaiyuan Securities released a research report stating that the "Lobster Fever" is driving incremental dividends for domestic models, with major players like Tencent and ByteDance seizing market share. According to data from OpenRouter, the combined token consumption of MiniMax M2.5 and Step 3.5 Flash accounted for approximately one-sixth of the platform's total weekly token consumption last week, ranking first and second among all models. Despite risk warnings indicating multiple potential hazards associated with OpenClaw, governments across various regions in China are actively responding at the policy level. The report recommends focusing on the commercialization of AI and the expansion of application scenarios. With the continuous improvement of open-source model capabilities, demand for AI cloud services is expected to be consistently validated, and AI applications are likely to drive sustained growth in inference demand. The main points from Kaiyuan Securities are as follows:
Domestically, major players are competing for market share, and "Lobster Fever" is triggering growth dividends for local models. On the application front: (1) Tencent has launched its full-scenario AI agent WorkBuddy, which is deeply compatible with OpenClaw skills and integrates with Enterprise WeChat and QQ, attempting to incorporate AI into social relationship chains. (2) ByteDance's Volcano Engine has launched ArkClaw, primarily offering a SaaS version on the cloud with deep adaptation for Feishu, targeting the collaborative office scenario. (3) KNOWLEDGE ATAS (02513) has released AutoClaw, the country's first locally installable version with one-click setup, pre-loaded with over 50 skills to lower the deployment barrier.
On the policy front, the Ministry of Industry and Information Technology and the National Computer Network Emergency Response Technical Team/Coordination Center have issued risk warnings, pointing out that OpenClaw's default configuration is fragile and has potential risks such as prompt injection and plugin poisoning. However, at the policy level, many local governments in China are responding positively. Shenzhen's Longgang District released the country's first district-level specific policy, planning to provide up to 10 million yuan in equity investment support for eligible OPC projects. Wuxi High-Tech District introduced 12 measures to "cultivate lobsters," with single-item support reaching up to 5 million yuan, covering computing power subsidies, data procurement, and scenario applications. Hefei High-Tech District, Changshu City, and Hangzhou's Xiaoshan District have also successively introduced policies offering millions in computing vouchers, startup funds, and scenario subsidies.
Internationally, OpenAI has acquired OpenClaw, marking AI's entry into a commercial track. OpenClaw, developed in November by Austrian programmer Peter Steinberger, was acquired by OpenAI. NVIDIA CEO Jensen Huang plans to launch a next-generation open-source agent platform, "NemoClaw." Meta has acquired Moltbook, a network platform allowing millions of AI agents to socialize autonomously, which was derived from OpenClaw agents. However, tech media outlet TechRadar reported that security researchers discovered a major security vulnerability, "ClawJacked," in OpenClaw's core system, potentially allowing attackers to take over AI agents through malicious web pages.
Compared to the intense "Lobster Fever" in China, enthusiasm for "cultivating lobsters" is not high in Europe and the United States, where the trend is mainly confined to technical circles. Risk warnings include potential delays in software and product launches, capacity and supply chain risks, changes in regulatory policies, slowing macroeconomic growth, and geopolitical risks.
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