Question · Q2 2025
GG Zhang inquired about Cheetah Mobile's long-term competitive moat for AI tools, specifically whether it lies in embedding into workflows, accumulating proprietary data, or fostering user stickiness through product habits. She also asked about the company's focus areas for building barriers in the future.
Answer
Chairman and CEO Fu Sheng explained that for B2B AI, the moat involves building sales networks, understanding customer needs, and embedding into client workflows to accumulate private data, creating a natural barrier. For B2C AI tools, he stated that in today's competitive AI landscape, there isn't a 'long-term moat' in the traditional sense. Instead, it's a dynamic moat built on the ability to rapidly launch products based on user needs, effectively leveraging AI. He highlighted the company's internal organizational improvements and AI technology adoption as crucial for current growth opportunities. Long-term, the moat comes from continuously acquiring users, capturing user mindshare, and using user behavior feedback to iterate and improve tools, creating a dynamic barrier.