格隆汇2月6日｜Investinglive分析师Justin Low表示，截至目前，美股股指期货的走势喜忧参半。昨天华 尔街科技股遭受重挫，这一状况在亚马逊公布财报后仍持续。美国大型科技公司仍在试图证明其为AI 基础设施增加的支出是合理的，但投资者正逐渐转向"拿出实际成果看看"的心态。值得注意的是，今日 美股股指期货在亚盘下跌后有所反弹，且微软股价盘前一度上涨1.6%，Palantir股价盘前涨幅一度超过 5%，这两只股票在昨日交易中以及本周大部分时间内均遭遇重挫。但最新反弹仅带来些许缓解，因标 普500指数昨日微跌，试图测试100日移动均线。上次到达这一关键位置是在去年11月，当时逢低买入者 占据上风。但若以纳斯达克指数为参照，本周科技股可能再次下跌，从而再次确认跌破100日移动均线 ——若是如此，这必将波及标普500指数，甚至可能影响华尔街更广泛的风险情绪。 ...

作者：约翰・托菲吉 智能应用程序图标与其他人工智能聊天机器人应用程序一同亮相。 本周，投资者纷纷抛售曾经炙手可热的科技股，拖累华尔街整体走弱。 据费瑟斯通数据显示，科技股占比极高的纳斯达克综合指数迎来 4 月以来最惨烈的三日连跌，本周市值 累计蒸发超 1.5 万亿美元。 对华尔街、科技巨头及整个软件行业而言，过去几日市场剧烈震荡，背后原因主要有四： 比特币等风险资产遭遇抛售（比特币价格近日跌至 2024 年 10 月以来新低），也可能推动投资者转向更 安全的资产。 德意志银行全球宏观研究主管吉姆・里德在周四的研报中表示："近几个月，市场心态已从'所有科技股 都是赢家'转变为残酷的'优胜劣汰'格局。" 人工智能引发的担忧致软件股持续下挫 人工智能初创公司安索普里克于上周五推出多款新工具，称其能为法律行业完成更多工作。这让华尔街 忧心忡忡，担心企业很快会放弃现有的专业数据分析和研究软件订阅服务，直接冲击软件企业的利润。 这一担忧是否会成为现实尚无定论，但投资者已陷入恐慌，纷纷抛售法律和金融软件及服务类企业的股 票。 跟踪软件行业的某交易所交易基金已连续八日下跌，而市场对人工智能蚕食软件行业市场份额的担忧早 已存在 ...

Core Insights - The report highlights the mixed performance of the US stock market, with the Dow Jones Industrial Average showing significant gains while the Nasdaq Composite faced declines due to concerns over new AI tools impacting software businesses [8][10] - Gold prices have rebounded, surpassing the $5,000 per ounce mark, driven by rising inflation expectations and geopolitical uncertainties, positioning gold as a key asset for risk-averse investors [8][10] - The report indicates a strong demand for AI and cloud computing, with companies like Lumentum Holdings and Super Micro Computer showing impressive revenue growth, reflecting the ongoing investment in AI infrastructure [24][25] Market Overview - The Hang Seng Index closed at 26,847.32, up by 12.55 points, while the Hang Seng Tech Index fell by 1.84% [14] - The report notes that the Chinese technology sector is under pressure, with the Hang Seng Tech Index experiencing a 20% decline from its previous high in October, entering a technical bear market [12] - The report mentions that the US 10-year Treasury yield fell to 4.263%, indicating a shift in investor sentiment towards safer assets [8] Economic Data - The US non-manufacturing index for January was reported at 53.8, slightly above expectations, while the ADP private sector employment report showed an increase of 22,000 jobs, below the anticipated 45,000 [10][21] - The report highlights that the Chinese yuan is expected to strengthen, with predictions suggesting a year-end value of 6.92 against the US dollar, driven by market optimism [12][21] Company Analysis - China Overseas Development is positioned to benefit from government policies aimed at stabilizing the housing market, with a closing price of HK$14.53 [22] - Lumentum Holdings reported a revenue of $665.5 million for Q2 2026, a 65% year-over-year increase, driven by strong demand in AI and cloud data centers [24] - Super Micro Computer's net sales reached $12.7 billion in Q2 2026, significantly up from previous quarters, reflecting robust growth in AI server demand [25]

HASLINDA: WE ARE LIVE IN BANGKOK AS 53 MILLION VOTERS PREPARE FOR THIS WEEKEND'S ELECTION. THIS IS IN SIGHT. ASIAN STOCKS PAIRING LOSSES FOLLOWING HEAVY SELLING IN U.S. TECH SHARES WHILE BITCOIN AND SILVER STABILIZE.WE CAN SPEAK TO THE FORMER TECH MAHINDRA CEO AS AI MODELS GRIP THE SUBWAY INDUSTRY. WHILE THE MARKET SELLOFF DEEPENS AND VOLATILITY RISES, WE DISCUSSED INVESTMENT STRATEGY. ALSO, INDIA'S CENTRAL BANK EXPECTED TO KEEP RATES STEADY AFTER THE GOVERNMENT PLEDGED TO BOOST SPENDING AND SECURED A TRADE ...

韦德布什证券公司分析师丹·艾夫斯当地时间周四表示，华尔街正在惩罚Salesforce、ServiceNow和微软 等软件股，仿佛它们在人工智能时代已经不再重要。 艾夫斯在一次采访中谈到了软件股持续下跌的局面。"我可以告诉你，在过去的25年里，软件行业的这 种结构性抛售是我前所未见的。" 他接着说，投资者对待软件公司的态度，仿佛在当今人工智能时代"软件已经没有生存空间了"。 他接着说，投资者对待软件公司的态度，仿佛在当今人工智能时代"软件已经没有生存空间了"。 艾夫斯补充说，这些估值表明，一些公司可能会失去约 5%的客户。 艾夫斯在采访中承认人工智能正在冲击软件行业，但他表示认为软件行业已经变得过时的观点有些言过 其实了。 他以Palantir科技公司为例，说明了在当今时代，软件依然能够取得成功。 他以Palantir科技公司为例，说明了在当今时代，软件依然能够取得成功。 此前，在思科人工智能峰会上，英伟达CEO黄仁勋也驳斥了有关软件过时的担忧。他称这种观点"不合 逻辑"，并表示人工智能依赖于软件，而并非是对软件的替代品。 责任编辑：于健 SF069 韦德布什证券公司分析师丹·艾夫斯当地时间周四表示，华尔街正在 ...

OpenAI正大举扩充企业服务团队，计划招聘数百名技术咨询师，以帮助大型企业开发定制化AI应用并 自动化员工任务。这一举措旨在强化其企业市场竞争力，抗衡主要对手Anthropic在企业服务领域的攻 势。 据The Information周五报道，知情人士透露，OpenAI正在扩充其前沿部署工程师团队，这些专业工程师 能够利用客户自有数据定制OpenAI模型。目前该公司约有60名此类工程师，以及200多名技术客户成功 团队成员，总员工数约4000人。 此次招聘配合OpenAI即将推出的新企业产品，该产品将整合企业使用AI的各项需求。强化企业客户基 础可能有助于其赢得投资者青睐——据知情人士称，公司高管已与银行和律所就最快于今年第四季度进 行首次公开募股展开非正式讨论。 对标Palantir模式扩充咨询团队 OpenAI希望通过这些举措，将企业客户收入占比从1月份的约40%提升至年底的50%，并在2026年实现 约150亿美元的企业收入。 OpenAI正在效仿Palantir的成功经验，后者通过帮助客户改造后端系统和使用AI实现了快速增长。这些 技术咨询师可以为T-Mobile开发AI客服响应系统，或协助Intu ...

Core Insights - The article reveals the connections between Jeffrey Epstein, a convicted sex offender, and various Silicon Valley startups, highlighting how his investments, despite his notorious reputation, yielded significant returns for him [1][2][3] Group 1: Epstein's Investments in Startups - In 2014, Coinbase, then a two-year-old cryptocurrency exchange, sought funding from Epstein, who was preparing to invest $3 million [1][2] - Epstein's $3 million investment in Coinbase eventually generated millions in returns as the company grew into a leading cryptocurrency exchange [2] - Epstein also invested $5 million in the wearable tech startup Jawbone, which later faced operational failures, leading to legal threats against its founders [5][11] Group 2: Connections with Tech Leaders - Epstein maintained relationships with prominent tech figures, including Peter Thiel, Bill Gates, and Sergey Brin, even after his 2008 conviction [3][6] - Thiel provided investment advice to Epstein regarding his data analytics company Palantir and discussed potential investments in Spotify [6][7] - Epstein's network included connections to Bitcoin developers and cybersecurity entrepreneurs, indicating his influence in the tech investment landscape [11] Group 3: Investment Opportunities and Strategies - Epstein leveraged his connections at Deutsche Bank to explore investment opportunities, including a potential investment in SpaceX, which was valued at $22 billion at the time [8][9] - He sought to conceal his identity in investment dealings, suggesting the use of aliases to avoid negative perceptions associated with his name [11][12] - Epstein's financial advisor facilitated meetings with venture capital firms, further expanding his reach within the tech industry [9][10]

Group 1 - The CEOs of major tech companies dismiss concerns that AI will erode the competitive moat of traditional software companies, despite significant stock declines in recent months [1] - Nvidia's CEO Jensen Huang argues that the idea of the tools industry declining due to AI is illogical, emphasizing that both humans and robots will continue to use existing tools rather than reinvent them [1] - Major enterprise software stocks like Palantir and Oracle have seen declines of approximately 12% over the past three trading days, with other companies like Salesforce, SAP, ServiceNow, Snowflake, and Microsoft also experiencing significant drops [1] Group 2 - Investors are worried that SaaS companies' clients may develop internal software solutions using AI tools from providers like Anthropic, reducing reliance on established vendors like Salesforce [2] - Concerns are heightened by the release of Anthropic's digital assistant Claude Cowork, which automates tasks for legal, sales, and marketing teams [2] - Google CEO Sundar Pichai and Arm CEO Rene Haas echo Huang's sentiments, suggesting that the fears surrounding software stocks are unfounded [2] Group 3 - Pichai notes that Google's software clients, including Salesforce, Intuit, and ServiceNow, are integrating Gemini into their workflows to enhance their products [3] - Haas describes the fear driving the software stock sell-off as a "mini-hysteria," with analysts agreeing that the strict requirements for data governance, security, and compliance present significant challenges for new entrants and companies developing in-house solutions [4] - Analysts believe it is too early to determine which companies will emerge as winners or losers, as enterprises are still in the early stages of adopting AI tools [4] Group 4 - Leading software companies are defending their competitive positions in an increasingly AI-driven market, with ServiceNow's CEO stating that speculation about AI consuming software companies is unfounded [5] - The CEO emphasizes that AI will not replace software companies but rather relies on them [5]

Core Viewpoint - A significant information war is unfolding in Iran, characterized by both offline and online tactics, including state-organized rallies and media control, alongside the use of AI-generated content to manipulate public perception [2][3][10]. Group 1: Information Warfare in Iran - The Iranian government is organizing "anti-riot" gatherings while simultaneously implementing internet shutdowns and media censorship, leading to a reliance on state media as the primary information source [3]. - During internet outages, social media platforms have become crucial for disseminating unverified images and videos, complicating the verification of information [3]. - AI-generated content is being used by both the government and opposition, with instances of manipulated videos being circulated to create misleading narratives [6][10]. Group 2: AI's Role in Modern Warfare - The integration of AI technologies in warfare has been accelerated by conflicts such as the Russia-Ukraine war and the ongoing situation in Iran, where AI is utilized for both information warfare and direct military applications [12][45]. - The emergence of automated and large-scale information manipulation tactics has been noted, with AI tools being used to create fake social media accounts and generate misleading narratives [46]. - The battlefield is evolving into a testing ground for AI technologies, with significant implications for military strategy and operations [50]. Group 3: Capital and Technology in Defense - There is a growing convergence between technology companies, financial capital, and national defense mechanisms, with private tech firms becoming integral to military operations [53][57]. - Recent reforms in U.S. defense procurement aim to make military operations more agile and responsive, reflecting a shift towards incorporating Silicon Valley's innovation dynamics into defense strategies [59][60]. - Investment in defense technology has surged, with significant funding directed towards startups focused on military applications, indicating a robust growth trajectory in this sector [61][77]. Group 4: AI Governance Challenges - The current landscape of AI governance is marked by failures in ethical consensus, international mechanisms, and corporate self-regulation, leading to a lack of effective oversight in military applications of AI [81][82]. - Despite warnings from industry leaders about the risks of AI, there has been little change in the trajectory of AI development, particularly in military contexts [83][84]. - The absence of a comprehensive international framework for regulating military AI applications raises concerns about the implications of AI in warfare and its potential for misuse [86][88].

图片来源： techcrunch OpenAI 正在招聘数百名新员工，以扩充其技术顾问团队，该团队旨在帮助大型企业开发定制化人工智能应用与智能体，实现员工任务的自动化处理。 OpenAI 若能强化自身在大型企业中的信誉，将有助于其在未来的首次公开募股中赢得投资者青睐。据知情人士透露，该公司高管已与投行及律师事务所就 最早于第四季度上市的方案进行非正式磋商。（《华尔街日报》此前曾报道过该公司的预期上市时间表。） 此次大规模招聘或有助于 OpenAI 击退其主要竞争对手 Anthropic 的攻势，后者同样加码了企业服务布局。这一举措正值 OpenAI 准备推出全新企业级解决 方案之际，该方案旨在整合企业应用人工智能的各类需求。 据透露， ChatGPT 的制造商正在扩编其技术顾问——也被称为前线部署工程师的数量，这些工程师能够利用客户自身的资料来定制 OpenAI 的模型。 例 如，这些工程师可以帮助 T-Mobile 开发用于响应客户服务请求的人工智能，或协助 Intuit 为其客户提供报税准备服务。 在约 4,000 名员工中， OpenAI 目前约有 60 名此类工程师，另在与技术紧密相关的客户成功团队中 ...