Huaxi Securities: openClaw is expected to drive the AI industry into the Agent era

West China Securities points out that openClaw, as one of the most关注ed projects right now, is expected to drive the AI industry into the Agent era and bring the following impacts: (1) Agents are likely to become one of the earliest application scenarios; (2) Token consumption is accelerating, which may boost computing power demand and maintain inflation trends in the computing power chain; (3) Support the demand for domestic large models and accelerate their overseas expansion.

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【West China Computer】openClaw pushes the AI industry into the Agent era

Weekly Viewpoint:

openClaw: A New Era of AI Employees

openClaw is an open-source autonomous artificial intelligence (AI) virtual assistant software project. It was developed by software engineer Peter Steinberger and initially released on GitHub at the end of 2025 under the name Clawdbot, later renamed Moltbot, and finally settled on the current name. In early 2026, this AI project gained attention for its ability to autonomously handle complex tasks within applications and online services based on user instructions. openClaw is designed as an autonomous AI virtual assistant that can replace users in executing tasks, rather than just a conversational chatbot. It stores configuration data and interaction history locally, enabling persistent memory. Driven by natural language commands, it performs tasks such as file operations, workflow automation, browser automation, and multi-IM platform interactions in local or private cloud environments, bridging the gap from “dialogue-based suggestions” to “automated execution,” and serving as a self-hosted AI digital employee for individuals and enterprises.

Continuous Iteration of Large Models May Accelerate Commercialization of openClaw

GPT-5.4 has been officially released. According to Xinhua News Agency, on March 5, OpenAI announced the latest upgrade of its AI model GPT-5, version GPT-5.4, claiming it to be one of the most capable and efficient frontier models currently available for professional work. The company states that GPT-5.4 offers two models: Thinking and Pro. The Pro model is mainly aimed at users requiring maximum performance in complex tasks. The Thinking model can provide a reasoning plan before generating answers, allowing users to adjust task directions during the process, reducing multi-turn dialogues and better matching results to needs. The Thinking model also enhances deep network research capabilities, providing higher quality, faster responses that are more task-specific. We believe that one of the most significant changes in this update is the strengthening of Agent capabilities. In API and Codex, GPT-5.4 has achieved native “computer operation” functions for the first time, supporting intelligent agents to execute complex workflows across software. As a leading product in the global large model field, the technological trend indicates that large models as foundational technology will focus on enhancing Agent capabilities through iterative development, continuously strengthening core technology, and helping openClaw accelerate commercialization.

openClaw Drives the AI Industry into the Agent Era

We believe that openClaw, as one of the most关注ed projects currently, is expected to promote the AI industry into the Agent era, bringing the following impacts: (1) Agents are likely to become one of the earliest application scenarios; (2) Token consumption is accelerating, which may boost demand for computing power and sustain inflation trends in the computing power chain; (3) Support the growth of domestic large models and accelerate their overseas expansion.

Investment Recommendations

Beneficiary targets:

Large models and applications: Zhipu, MiniMax, iFlytek, Kunlun Wanwei, Zhuoyi Information, Kingsoft Office, Sangfor, Huitian Ruisheng;

Computing infrastructure: Cambrian, Haiguang Information, Huafeng Technology, Huasheng Tiancheng, Yuntian Lifei, Tuowei Information, FiberHome, Industrial Fuxian, Inspur, Digital China, Inspur, UCloud, Capital Online, Zhiwei Intelligence;

Risk Warning: Market systemic risks, policies on technological innovation not meeting expectations, increased market competition.

(Source: First Financial)