Vi e w p o i n t | Thoughts on industry landscape — Management believes the LLM industry is entering a phase of explosive growth with intense competition, characterized by persistent computing scarcity and high user churn. Over the next several months, model scale could further expand quickly, achieving 3tn-parameter levels, while application demand, especially in coding, autonomous agents, and multimodal content creation, is expected to surge exponentially. Computing supply, constrained by global productio ...