>> "BLOOMBERG TECH: ASIA" IS LIVE. SHERY: 2025'S AI STORY WAS ALL ABOUT THE MAD RUSH FOR GPU'S, THE KIND MADE BY NVIDIA, BUT THE FOCUS THIS YEAR SEEMS TO BE SHIFTING TOWARD A DIFFERENT PART OF THE COMPUTER BOARD. IT IS ALL ABOUT MEMORY CHIPS.ANNABELLE: ABSOLUTELY. IN THIS EPISODE, WE WILL EXPLORE WHY IT LOOKS LIKE WE WILL NOT HAVE ENOUGH AND HOW THE CRISIS IS SPREADING BEYOND AI. FROM THE HUMBLE GAMING CONSOLE TO THE MOBILE PHONE TO OUR LAPTOPS AND EVEN THE HUGE DATA CENTERS THAT POWER AI, ALL COMPUTER SYST ...

Core Viewpoint - Dongwu Securities report indicates that Haiguang Information's performance continues to show high growth, with further strengthening of the company's growth momentum [1] Group 1: Company Performance - The company possesses two leading domestic products: CPU and DCU [1] - CPU revenue is expected to grow steadily as the industry progresses with the "Xinchuang" initiative [1] - The demand for AI computing power, combined with the acceleration of domestic production trends, presents a historic opportunity for domestic AI chip manufacturers [1] Group 2: Product Development - The performance of the company's DCU products ranks in the first tier, with continuous iteration of new products [1] Group 3: Financial Projections - Based on the company's 2025 performance forecast and the latest industry dynamics, the adjusted net profit attributable to the parent company for 2025-2027 is projected to be 2.542 billion, 4.122 billion, and 6.506 billion yuan respectively (previous values: 3.116 billion, 4.617 billion, and 6.529 billion yuan) [1] - The company maintains a "Buy" rating [1]

争议不止噪音。环保组织与NAACP指控xAI在未获合法许可情况下长期运行涡轮机，排放甲醛等有害污 染物，将弱势社区当作"环境牺牲区"，并已准备依据《清洁空气法》提起诉讼。 尽管州环保部门以"临时设备"为由未要求许可，但联邦EPA新规显示此类设备本应审批。目前公众听证 会上无人支持该项目，居民抗议持续，而永久电站许可最快将于下月获批。（旺旺） 来源：环球网 去年起，xAI在当地启用闲置电厂，安装27台临时燃气涡轮机为AI数据中心供电，设备昼夜不停运转， 噪音堪比机场跑道，导致周边居民长期失眠、生活受扰。 外媒报道称，xAI计划投入超200亿美元，并申请安装41台永久涡轮机，号称该州史上最大私人投资， 承诺带来税收与就业。当地市长支持项目，并称已投入700万美元修建隔音墙，但居民反馈降噪效果微 弱。 【环球网科技综合报道】2月27日，据NBC新闻报道，特斯拉CEO埃隆·马斯克旗下xAI公司在美国密西 西比州绍瑟文市建设的AI供电电站，因24小时持续轰鸣引发严重居民抗议，暴露出AI算力扩张背后的 环境与民生冲突。 ...

Group 1 - The core objective of Tianhe District is to achieve a GDP growth of over 5% and fixed asset investment growth of over 10% by 2026, with a total investment exceeding 800 billion yuan in over 500 projects this year [1][2] - The district aims to strengthen the modern service industry, focusing on high-end production services and enhancing the role of licensed financial institutions, which have surpassed 310 in number [1] - Tianhe will promote the transformation and upgrading of modern commerce, particularly in sectors like chemicals, automotive, and pharmaceuticals, while embedding high-end professional services into the manufacturing chain [1] Group 2 - The district plans to enhance the quality and diversity of life services, aiming to elevate the Tianhe Road-Zhujiang New Town commercial area to a trillion-level market, with over 300 unique consumer events planned [2] - The artificial intelligence industry is targeted to achieve revenue exceeding 62 billion yuan, with a growth rate of over 12% this year, focusing on sectors like AI and robotics, smart connected vehicles, and low-altitude economy [2] - Urban renewal projects will see an investment of 35 billion yuan, with specific initiatives targeting 22 urban villages and 27 renovation projects [2]

Market Overview - Global funds have purchased nearly $2.1 billion of local shares in February, indicating the strongest inflows since June [1] - The rebound follows a record exodus last year, as investors shifted focus to AI-driven markets in the US, China, and South Korea [1] Economic Indicators - The inflow rebound suggests easing pressures on Indian equities, aided by a recent trade deal with the US that alleviated uncertainty for the $5.2 trillion market [2] - Projections indicate a nominal growth rate of about 10% for the economy in fiscal 2027, with corporate earnings expected to grow by approximately 15% [3] Performance Comparison - Despite a positive momentum, Indian equities have underperformed compared to the MSCI Asia Pacific Index, which surged by 25% in 2025 [6] - MSCI India members are trading about 4% below their five-year average price-to-earnings ratio, presenting a potential opportunity for investors [6] Earnings Growth - Sales for FTSE India Index companies increased by 10% year-on-year in the December quarter, while net income rose by 13% [7] - Consensus estimates suggest a 16% earnings growth for over 250 companies in fiscal 2027, supported by a recovery in nominal GDP growth, cyclical recovery in private capex, and sustained consumption momentum [8][7] Sector Preferences - Financial companies are favored by global investors, with recent additions in metals and capital goods sectors [9] - Some investors remain cautious about interpreting the inflows as the beginning of a structural bull run, especially following a significant selloff in India's software and tech sectors, which lost over $50 billion in market value due to AI concerns [9] Investment Sentiment - Foreign funds' buying is partly tactical, influenced by softer US yields and the relative appeal of emerging markets [10] - Global positioning towards India is described as tentative but clear, with a movement back toward neutral weight as valuations become more reasonable and earnings revisions stabilize [10]

Core Insights - The article discusses the evolution of AI customer service from keyword matching (1.0) to model-driven (3.0) systems, highlighting how Laigu AI addresses customer acquisition and conversion challenges, achieving over 56% ROI improvement for brands, positioning it as a key driver for customer growth by 2025 [2][3]. Group 1: Evolution of AI Customer Service - The initial phase of AI customer service was characterized by rigid keyword matching, leading to high abandonment rates due to inability to understand complex queries, with over 60% of users opting out of consultations [2]. - The transition to the 3.0 era is marked by the emergence of advanced language models like DeepSeek and GPT-4, enabling AI to perform deep semantic understanding and logical reasoning, functioning as "AI employees" [2][3]. Group 2: Laigu AI's Capabilities - Laigu AI is recognized as an industry leader due to its robust technology and official authorization, applicable across various sectors including education, healthcare, and emerging fields like photography and finance, providing customized AI customer acquisition solutions [3][4]. - The integration of leading models allows Laigu AI to offer 24/7 "human-like" support, resulting in a 38% increase in average lead retention rates and a 56% ROI boost for businesses [4]. Group 3: Compliance and Security - As the first officially authorized third-party IM service provider for Xiaohongshu, Laigu AI has a natural advantage in compliance, supporting full access to various platforms while ensuring account security during customer acquisition [4]. Group 4: Strategic Implementation - Companies can leverage Laigu AI for unified management of private messages across multiple platforms, eliminating the confusion of managing multiple accounts [5]. - The AI can automate marketing efforts by identifying high-intent comments and proactively messaging potential customers, ensuring no opportunities are missed [6]. - Real-time data monitoring through Laigu AI's intelligent dashboard allows businesses to track engagement and optimize marketing strategies swiftly [7].

AI产业链持续走强，算力概念表现活跃，消息面上，全球最大的AI模型API聚合平台OpenRouter数据显 示，9日-15日这周，中国模型以4.12万亿Token的调用量，首次超过同期美国模型的2.94万亿Token，其 中国内四款大模型霸榜全球前五。 中信建投证券指出，目前，AI大模型仍在持续迭代升级，算力需求旺盛，站在中期视角，仍建议持续 重视AI板块。一方面，持续推荐AI算力板块，包括北美算力产业链与国内算力产业链的核心公司；另 一方面，建议关注AI应用板块，特别是端侧AI Agent的进展。此外，也建议关注未来可能边际改善的海 缆及光纤光缆板块、军工通信及商业航天板块，国内外巨头纷纷加码的量子科技板块。 截至2026年2月27日 14:29，上证科创板综合指数(000680)上涨0.20%，成分股普元信息上涨20.01%，沃 尔德上涨20.00%，云天励飞上涨19.97%，明志科技上涨13.69%，赛恩斯上涨13.36%。科创综指ETF鹏 华(589680)上涨0.21%， 冲击3连涨。最新价报1.45元。 科创综指ETF鹏华(589680)，场外联接(A：023757；C：023758。 科创综指E ...

论文延续DeepSeek一贯的风格，在工程化层面将性能优化推向极致。 在业界对新一代旗舰模型DeepSeek V4的翘首期盼中，DeepSeek团队却悄然放出了一篇新的学术论文。 这篇论文由DeepSeek联合北大、清华共同撰写，将研究方向投向了决定大模型实际应用落地的关键一环——推理速度，为日益复杂的AI智能体，提供一套 高效的底层系统解决方案。 论文在引言部分提到，大模型正从单轮对话机器人和独立推理模型，快速演进为智能体系统 ——能够自主规划、调用工具，并通过多轮交互解决实际任 务。这种应用范式的转变，推动大模型推理工作负载发生重大变革：从传统的人类-大模型交互，转向人类-大模型-环境交互，交互轮次可达数十甚至数百 轮。 上下文会跨轮次累积，最终长度可能达到极值。此时模型不需要大量计算，反而需要频繁从硬盘读取历史上下文的 KV-Cache；现有系统中，只有负责预处 理的引擎会读取KV-Cache，它的网卡带宽被占满，而负责生成内容的解码引擎，网卡带宽基本闲置，导致整个系统速度被卡脖子。 因此，论文提出的DualPath，针对智能体工作负载、重新设计现代推理架构中 KV-Cache加载逻辑，解决大模型做智能 ...

公司宣称其技术潜力已获得初步验证，三款通过计算工程技术开发的蛋白质药物已进入人体临床试验阶 段。其中进度最快的GB-0895是一款研究性长效抗胸腺基质淋巴细胞生成素单克隆抗体，目前正在重症 哮喘适应症的注册性临床三期试验中招募患者。 Generate Biomedicines计划以股票代码"GENB"于今晚在纳斯达克挂牌上市。高盛、摩根士丹利、Piper Sandler、古根海姆证券及Cantor Fitzgerald担任本次发行的联合账簿管理人。 据公司介绍，其人工智能驱动的Generate平台构建了一个紧密整合的"设计-构建-测试-学习"闭环系统， 旨在生成具有治疗价值的专有数据并开发差异化分子解决方案。 专注于免疫学与肿瘤学领域的AI药物研发公司Generate Biomedicines(GENB.US)正式公布美股IPO发行 价。这家处于临床三期阶段的生物科技公司以每股16美元(位于15至17美元定价区间中点)发行2500万 股，成功募资4亿美元。 ...

Core Insights - The year 2025 has been characterized by stabilization and gradual improvement for Digitalist Group, with enhanced operational discipline and improved earnings despite cautious market conditions in the Nordics [3] Financial Performance - In Q4 2025, turnover was EUR 4.1 million, a decrease of 11.9% compared to Q4 2024, while the full year turnover reached EUR 16.5 million, reflecting a growth of 2.3% from EUR 16.2 million in 2024 [4][15] - EBITDA for the full year improved to EUR -1.0 million from EUR -1.5 million in 2024, and EBIT improved to EUR -1.6 million from EUR -2.0 million [4][20] - Net income for the year was EUR -4.6 million, an improvement from EUR -5.0 million in 2024, with earnings per share at EUR -1.67 compared to EUR -1.72 in the previous year [20] Operational Developments - The company has focused on building its applied AI offering, with the Stacken platform moving from pilot projects to broader client engagements, and has received ISO/IEC 42001 certification for its AI operations [6] - The headcount decreased to 118 employees at year-end, down from 122, reflecting a strategy to align capacity with demand while maintaining core competencies [7] Market Dynamics - Sweden remains the largest market for the company, with both Finnish and Swedish operations showing slight growth in EUR terms, although Finland outperformed in revenue growth despite challenging conditions [5] - The uncertain economic environment has led to longer decision cycles and constrained client budgets, impacting project initiation [16] Future Outlook - For 2026, the company anticipates improvements in turnover and EBITDA compared to 2025, with a focus on disciplined operations and the development of scalable AI-driven services [10][12]