CITIC Securities' research report on the computer industry emphasizes that the linchpin for breakthroughs in the multimodal sector rests in comprehension capabilities, rather than generation capabilities. Presently, mainstream models are evolving from a 'modular' framework to a 'native multimodal' structure. This shift is pivotal for overcoming the AI comprehension bottleneck and propelling the enhancement of industrial value.

On one front, this architectural transition elevates the entry barriers for constructing foundational models, allowing full-stack behemoths such as OpenAI and Google to forge vertically integrated ecosystems. On the flip side, it also opens up avenues for commercialization in specific niches for firms specializing in vertical applications and technological enablement, with a variety of applications steadily reaching new heights.

CITIC Securities advises that investment strategies can be crafted along two primary axes: 'foundational' and 'application'. At the infrastructure tier, it recommends keeping a close eye on pertinent links within the inference computing power industry chain. At the application stratum, amidst the trend of native multimodality, it advocates for a focus on two significant prospects: vertical applications and technological empowerment.