证券研究报告|通信 [Table_Title] GTC 及 OFC 2026 聚焦 AI 算力、Token、Agent 以及超大规模 AI 数据中心的互连需求 [Table_ReportType] ——通信行业跟踪报告[Table_ReportDate] [行业核心观点： Table_Summary] 上周，沪深 300 下跌 2.19%，创业板指上涨 1.26%，申万通信行业指数 上涨 2.10%，分别跑赢沪深 300 和创业板指 4.29 和 0.84 个百分点，在 申万各一级行业中排名第 1 位。GTC 及 OFC 2026 年大会召开，均聚焦 AI 算力产业链相关产品服务。我们认为伴随 AI 生态的加速构建、Agent 的持续爆发、AI 算力需求的持续高增长，光通信已成为 AI 算力基础设 施建设的核心环节，光模块、光纤光缆等光通信技术将进一步创新迭代。 同时，OFC 2026 大会上多个 MSA 的集中涌现也反映出伴随全球 AI 数据 中心数据规模的不断扩大，互联技术的重要性进一步凸显，更高速铜链、 光模块以及 XPO 等新型技术也将不断涌现。本周建议继续关注光通信 领域高速光模块的出货量增长、光纤 ...

SaaS businesses are engulfed in the dark clouds of “SaaSpocalypse”. Haven’t we seen doom-and-gloom scenarios in other cases that did not come to pass?From the advent of DeepSeek stoking fears about falling demand for leading-edge AI chips, to the fear of ChatGPT killing Google Search, these predictions have been proven wrong over time.We check out some of these SaaSpocalypse-beaten businesses to find out how likely they are to survive.Microsoft (NASDAQ: MSFT) – Enterprise System of Records (SoR)As ‘vibe cod ...

Traders placed $580M in oil bets minutes before Trump's Iran post Trump delays strikes on Iranian power plants, says talks with Tehran "very good" Wall Street averages end more than 1% higher on Middle East de-escalation hopes Oil prices jump over 4% after Iran refutes US talks claims The sequence went like this: On March 11, Nvidia invested $2 billion directly in Nebius, acquiring an 8.3% stake. Five days later, Meta Platforms (NASDAQ: META) signed a $27 billion, five-year AI infrastructure agreement — one ...

KnowBe4 Expands Critical Security Defences with Phish Alert Button for Microsoft Teams KnowBe4 Expands Critical Security Defences with Phish Alert Button for Microsoft Teams Share Empowering Employees to Combat Collaboration Security Threats with One-Click Reporting CAPE TOWN, South Africa--(BUSINESS WIRE)-- KnowBe4, the world-renowned platform that comprehensively addresses human and agentic AI risk management, today announced the launch of its Phish Alert Button(PAB) for Microsoft Teams. This marks a sign ...

以下文章来源于蓝点网 ，作者山外的鸭子哥 蓝点网 . 科技资讯、软件工具、技术教程，尽在蓝点网。蓝点网，给你感兴趣的内容 #系统资讯 微软累积更新质量正在肉眼可见的下滑，微软现已发布本月第 3 个带外更新修复严重错误。新 OOB 更新为 KB5085516，用于修复诸如 OneDrive 和 Edge 等微软自家软 件无法使用账户登录的问题，用户安装 3 月更新后可能会发现涉及微软账户登录时都提示没有网络连接。 最近微软向 Windows 11 发布的累积更新质量肉眼看见的下滑，即这些累积更新带来的新问题似乎更加频繁，这也迫使微软不停地发布 OOB 带外更新 来修复某些比较紧急的问题。 最新发布的 KB5085516 带外更新 (这也是微软在 3 月份发布的第 3 个带外更新) 用于修复 Windows 11 系统联网问题，该问题导致多种微软自己的应 用程序无法正常联网。 具体来说用户在安装微软发布的 2026 年 3 月 B 类稳定版更新后，部分应用程序无法使用 Microsoft 账户登录，即使设备已经正常联网，登录时也会显 示没有 Internet 连接。 受影响的主要是微软系列软件： 这些微软软件都会 ...

一水 发自 凹非寺 量子位 | 公众号 QbitAI 故事省流版是这样的： 有一个人搞了一个"一人公司"，还请了一位AI当联创 （大名叫Kyle Law） 。 领英堕落？"互联网已死"理论成真？ 全球知名招聘网站LinkedIn （中文名领英） 最近的一场风波，再次把一个问题推至台前—— 当内容的生产、分发、互动甚至"用户"本身都开始被AI替代时，互联网还是我们熟悉的那个互联网吗？ 虽然问题暂无终局答案，但至少领英用 微妙的态度 表明： 这一次，事情真的变得有点不一样了。 LinkedIn对AI前后变脸，CEO在线控诉 这位AI联创在领英那叫一个活跃——发帖、互动的频率约等于"罗伯特"，由此还积攒了数百个联系人和粉丝。 然后它就被领英官方注意到了，并且几个月前，领英私下还请CEO及Kyle Law参加了内部座谈会，据称反响热烈。 领英组织者似乎很喜欢。聊天室热闹起来了……有人说，"当AI嘉宾的魅力比一些真正的CEO还要强……"。 本以为这是个大家都好的happy ending，结果没想到领英光速变脸—— 距离座谈会过去才两天，反手就把这位AI联创的号封了。 于是现在，创办这家公司的老哥开始在线发帖控诉。 就怎 ...

Key TakeawaysBrent Crude futures surged 2% to $101.99 per barrel following reports of explosions at a U.S. base in Kuwait and drone interceptions in Saudi Arabia, sparking fears of a wider regional conflict.SoftBank Group Corp. (SFTBY) is reportedly making a massive $30 billion investment in OpenAI, pushing its loan-to-value ratio toward a self-imposed 25% limit.U.S. Treasury yields climbed across the curve, with the 2-year yield rising 7.4 basis points to 3.905%, while U.S. and European equity futures sign ...

In response to investor interest, we have updated our previous circularity mapping for OpenAI ( Exhibit 1 ). We use this ecosystem for illustrative purposes, but similar ecosystems exist across other major AI ecosystem players, public and private. March 22, 2026 09:00 PM GMT Global Valuation, Accounting & Tax | North America AI: Mapping the AI Ecosystem As the compute investment cycle accelerates, and capital remains constrained, new financing solutions are emerging. We update and expand our illustration of ...

In this articleTSMC3'-BROpenAI CEO Sam Altman speaks during the BlackRock Infrastructure Summit on March 11, 2026, in Washington.Anna Moneymaker | Getty ImagesIn a document that resembles an IPO prospectus, OpenAI said its close ties with Microsoft could be a potential risk to its business, telling investors that the software company is responsible for "a substantial portion of our financing and compute."OpenAI included sections titled "Risks Related to the Transaction" and "Risks Related to our Business" i ...

Melius analyst: Microsoft's Copilot reorganization is a 'red flag' - 24/7 Wall St. S&P 5006,610.60 +0.29% Dow Jones46,399.00 +0.26% Nasdaq 10024,304.40 +0.33% Russell 20002,504.94 +0.40% FTSE 1009,957.40 +1.14% Nikkei 22553,275.50 -0.01% Investing Melius analyst: Microsoft's Copilot reorganization is a 'red flag' By Jeremy PhillipsPublished Mar 23, 6:56PM EDT Quick Read Microsoft (MSFT) reported only 15 million Copilot seats sold out of 450 million total users (3.3% penetration) despite billions spent on de ...