中银证券：Figure“单飞” 端到端具身智能未来可期

智通财经网2025-02-10

智通财经APP获悉，中银证券发布研报称，端到端模型高度集成化的控制策略、多模态感知能力和强化学习能力有望优化具身智能的表现，加快具身智能的响应速度、缩小认知差距。人形机器人作为具身智能的表现形式之一，2025年有望成为人形机器人的量产元年，建议关注相关产业链公司。事件：2月4日，Figure机器人创始人Brett Adcock宣布终止与OpenAI的合作关系，并表示Figure在完全自主研发的、...

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Cosmos，帮助开发者生成海量合成运动数据集；Cosmos平台还能够将图像从3D扩展到真实场景，以缩小仿真与现实之间的差距。此外，英伟达Omniverse平台能够为机器人创造一个遵循物理规律的、现实世界的数字孪生环境，为机器人创造大量的学习场景；同时，开发者可以在Omniverse上建立多元宇宙，使机器人以不同的方式并行学习，从而大大缩短训练时间。DeepSeek有望缩小机器人认知差距，加快响应速度1月20日，DeepSeek发布复杂推理模型DeepSeek-R1并同步开源权重。该模型在后训练阶段大规模使用强化学习技术，模型推理能力明显提升，性能比肩2024年12月发布的OpenAI o1正式版，但训练成本及API服务成本和服务价格大幅下降。此外，DeepSeek还发布了开源多模态AI模型Janus-Pro，进一步提升了模型的多模态理解和文本到图像的指令跟踪能力。DeepSeek大模型推理能力和多模态能力的提升有望弥合机器人“看到”和“理解”之间的差距，加快机器人决策和响应的速度。2025年有望成为人形机器人量产“元年”1月30日，特斯拉CEO埃隆·马斯克表示2025年Optimus机器人产能将扩至每月1000台，2026年扩至每月10000台，2027年扩至每月10万台。国内的智元机器人、宇树科技、优必选等人形机器人厂家在2025年也均有量产计划。2025年有望成为人形机器人的量产“元年”，相关产业链公司有望受益。机器人领域有布局的行业公司包括软通动力、九号公司、优必选、能科科技、麒麟信安等；大模型领域有布局的行业公司包括商汤科技、科大讯飞、拓尔思、云赛智联、虹软科技等机器人数据训练领域有布局的公司包括中科曙光、索辰科技等。风险提示：技术发展进程不及预期，行业竞争加剧，人形机器人商业化落地进程不及预期。","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; 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