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<Research> HSBC Research: Frontier Model Race Continues with Diverging Western and Eastern Paths
Recommend 13 Positive 15 Negative 9 |
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HSBC Research issued a report noting that OpenAI released its latest frontier model, GPT-5.5, last Thursday (23rd). The company described it as its "smartest and most intuitive model," offering new ways to complete tasks on computers. OpenAI explained that the latest model delivers improved performance in agent-based coding, computer usage, knowledge work and early-stage scientific research. GPT-5.5 is now available to paid subscribers. OpenAI is still implementing safety guardrails, including conducting safety and security testing before granting access via API. The broker stated that large language models are engaged in a race to provide the most intelligent platform, with leadership positions remaining unstable as newer versions typically outperform older frontier models. Googles Gemini lagged in the competition a year ago but has now joined the ranks of leaders. The same applies to Meta ((META.US), rated Buy). Western models are focused on achieving Artificial General Intelligence (AGI), a state in which models surpass human experts. In Asia, the broker has observed a trend toward open-source, lighter-weight and lower-cost models that are capable of rapidly penetrating production processes (DeepSeek has just launched its V4 model). In the West, given the high sunk costs involved, only a limited number of models may be able to pursue AGI. The most likely market structure outcome is an oligopoly, which could generate attractive returns over the long term. However, such operations require substantial computing power, leading to funding gaps. (hc/u) This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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