【环球网财经综合报道】Meta公司日前表示，将投资超过100亿美元，在印第安纳州建设一个数据中心园区，这将成 为该公司迄今规模最大的人工智能基础设施投资之一。公司还表示，随着AI基础设施的建设，其资本开支将大幅增 加。 《环球邮报》报道称，根据美国电网运营商的数据，该设施一旦投入运营，将提供10个兆瓦的容量，这相当于为大约 80万户家庭供电。 报道还提到，尽管环保和消费者团体越来越反对这一能源密集型扩张，Meta和包括其他大型科技公司在内的一些公 司，正竞相建设规模越来越大的数据中心，以在被视为一个千载难逢的人工智能竞赛中占得先机。 值得关注的是，美国环保组织Earthjustice上个月要求能源监管机构调查路易斯安那项目融资问题，称这可能会让日常 住宅和企业承担扩建成本。 对此，Meta数据中心副总裁Rachel Peterson则表示，Meta已与当地公用事业供应商达成协议，为数据中心供电，并正 在自行承担相关的能源基础设施升级费用。 ...

10亿现金红包、"元宝派"AI社交新玩法，春节将至，腾讯在AI领域甩出了两记大招。马化腾在年会上罕 见地高调表示："希望元宝的10亿元红包能重现当年微信红包的盛况"。 但美好的愿景远没能持续到春节，2月4日，腾讯元宝春节活动的第四天，元宝红包链接在各个群聊逐步 铺开，迅速传播之际，元宝红包的链接突然被微信屏蔽，显示为一个网址，用户只能通过浏览器打开。 一把手高调开头、祭出社交底牌，却在短短几天之后，就被自家头牌应用屏蔽链接，如此操作令人迷 惑。而另一边，阿里迅速整合所有资源，提升千问agent能力，30亿的"春节请客计划"，让千问迅速登 顶App Store榜首，字节手握先发优势的同时，还成为央视春晚独家AI云合作伙伴，注定不会缺席AI的 春节大战。一时间，腾讯失去产品创业能力的质疑甚嚣尘上，股价接连走弱，于2月5日盘中跌破5万亿 港元。 01 元宝还能奇袭击吗 利用新春佳节，甚至更具体说，在春节时候利用发红包的形式为应用拉新、引流，都已不是什么新鲜 事。最有名的案例同样来自腾讯，2015年春晚，微信红包首度亮相，首次推出的"摇一摇"一晚互动总量 超过110亿次，成功绑定银行卡超1亿张，一晚上走完支付宝8年的 ...

格隆汇2月12日｜经济日报："30亿元春节请客计划！""分享链接给好友，再抢10亿元补贴！"……春节 临近，由多家互联网大厂主导的"红包大战"正在上演。与往年不同的是，今年的春节红包大战不再局限 于移动支付、电商导流等传统方式，而是全面转向AI入口流量之争。业内人士表示，此次春节"红包大 战"，是AI应用首次从聊天互动走向规模化地与真实世界交互。入口之争只是表象，行业更应该关注入 口背后需求的真实性。"红包大战"后的留存之争，考验的是平台能否通过深耕特定场景、构建高效价值 闭环，将补贴带来的短期关注，转化为用户的长期依赖。对各大AI应用来说，挑战才刚刚开始。当"红 包大战"的硝烟散去，留在用户手机里的不应只是记忆中的"手气最佳"，更应是一个真正有用、好用的 智能助手。 ...

Core Insights - Ackman’s firm, Pershing Square, has taken a new stake in Meta Platforms, representing approximately 10% of its portfolio, with the exact position size undisclosed [1] - The firm believes that Meta's current share price does not reflect its long-term potential, particularly regarding AI integration and digital advertising growth [2] - Meta boasts 3.5 billion daily active users and has a strong leadership team, which are seen as positive indicators for future performance [3] Investment Principles - Ackman's investment strategy includes a preference for companies with predictable free cash flow, strong financial profiles, and formidable barriers to entry [6] - Recent portfolio changes include new holdings in Hertz Global Holdings, Amazon, and Meta, which constitute 2%, 13%, and 10% of the portfolio respectively [4] - The firm has reduced its stake in Alphabet, which represented around 19% of assets at the end of the third quarter [5] Performance Metrics - Pershing Square reported a net asset value growth of 20.9% in 2025, outperforming the S&P 500, which grew by 16.6% [6] - The firm is betting on Meta, Amazon, and Alphabet as part of the "Magnificent Seven" stocks to continue outperforming the market [6]

Core Viewpoint - The "red envelope war" led by major internet companies is shifting from traditional methods of mobile payment and e-commerce to a competition for AI-driven traffic entry points, aiming to enhance user engagement and ecosystem advantages [1][2]. Group 1: Company Initiatives - Tencent announced a cash distribution of 1 billion yuan for its Spring Festival activity, aiming to recreate the excitement of the WeChat red envelope phenomenon from 11 years ago [1]. - Baidu launched a 500 million yuan red envelope plan, encouraging users to engage with its "Wenxin Assistant" AI tool [1]. - Alibaba's Qianwen introduced a 3 billion yuan "Spring Festival treat plan," allowing users to redeem large red envelopes for various services [1]. Group 2: User Engagement and AI Impact - The activities have shown significant initial results, with the daily usage of the Yuanbao AI feature increasing by 30 times and user engagement time rising over 80% since the launch [2]. - Baidu's Wenxin Assistant attracted over 1 million participants on its first day, with 50 million total participants by February 1 [2]. - The Qianwen app saw over 10 million AI orders within just 9 hours of launching its Spring Festival promotion [2]. Group 3: Challenges and Future Considerations - The sustainability of user engagement remains a concern, as experts suggest that while red envelope marketing can attract new users, long-term retention depends on the quality of products and services [3]. - The influx of users during peak times has raised challenges regarding system capacity, with reports of server issues during high traffic events [3]. - Industry experts emphasize the need for differentiated applications and effective value loops to convert short-term interest into long-term user loyalty [4].

风险提示及免责条款 市场有风险，投资需谨慎。本文不构成个人投资建议，也未考虑到个别用户特殊的投资目标、财务状况或需要。用户应考虑本文中的任何 意见、观点或结论是否符合其特定状况。据此投资，责任自负。 Meta Platforms将在美国印第安纳州数据中心投资超过100亿美元。 ...

Core Insights - Meta is investing $10 billion in a new data center in Indiana to enhance its computing power for artificial intelligence applications [1] Company Developments - The new data center is part of Meta's strategy to secure the necessary infrastructure to support its growing AI initiatives [1]

Group 1 - Tencent's application "Yuanbao" has launched a live streaming feature for the NBA All-Star Game, marking its first foray into sports event broadcasting [2] - The live streaming feature is integrated with the social section "Yuanbao Pai," allowing users to interact with AI for real-time data, rule explanations, and tactical analysis during the games [2] - This initiative follows the integration of QQ Music and Tencent Video, expanding Tencent's content ecosystem to include sports broadcasting rights [2] Group 2 - The "Red Packet War" during the Spring Festival has evolved into a competition for AI application entry points among major players like Baidu, Tencent, Alibaba, and ByteDance [3] - On the first day of launching the new cash red packet feature, Tencent Yuanbao's daily active users (DAU) surged to 23.99 million, a 2.1 times increase from the previous day [3] - Tencent's mixed team has published research on the importance of context in AI applications, indicating a shift in focus from model training to providing rich and relevant context for tasks [3] Group 3 - Tencent's mixed team suggests that "how to remember" may become a core theme in the development of large models by 2026, emphasizing the need for new architectures and optimization methods [4] - The research on foundational technology may play a crucial role in retaining users in the post-red packet war phase, as AI applications extend into more complex social scenarios [4]

每经记者｜李宇彤 每经编辑｜陈星 豆包杀入了硝烟弥漫的互联网春节AI（人工智能）大战。 2月10日，字节跳动旗下AI应用豆包官宣将登上中央广播电视总台2026年春晚。除夕夜当晚，豆包不仅 将通过总台春晚发放现金红包，还将为全国观众送出超过10万份接入了豆包大模型的科技好礼。 《每日经济新闻》记者注意到，这是字节跳动CEO（首席执行官）梁汝波在1月29日2026年首次全员会 议上定下新一年"勇攀高峰"关键词后的豆包首战，也是豆包首次大方亮出硬件矩阵。 据官方介绍，此次豆包送出的科技礼包囊括17款热门产品，包括宇树机器人、拓竹3D打印机、大疆无 人机、极米投影仪等多款产品，同时还涵盖上汽奥迪E5 Sportback和奔驰CLA两款电车使用权。 春节AI红包混战已战火纷飞。腾讯元宝携10亿元现金率先入场，希望重现微信红包的盛况。阿里千问 则以"春节30亿大免单"展开生态卡位。 相较之下，字节选择了另一条相对差异化的路径，将总台春晚的舞台转化为自身AI硬件生态的全民体 验场，豆包再次打响AI交互的硬件入口之战，其背后暗藏的是字节跳动在AI消费时代的生态布局野 心。 11年前，微信红包凭借总台春晚"摇一摇"的玩法完成对 ...

Core Insights - NetEase reported steady performance for the year 2025, with Q4 revenue of 27.5 billion yuan and total annual revenue of 112.6 billion yuan [1] - The annual operating profit reached 35.8 billion yuan, representing a year-on-year growth of 21%, while Q4 operating profit was 8.3 billion yuan, up 6% year-on-year [1] Revenue Breakdown - The net income from games and related value-added services was 92.1 billion yuan, with online gaming net income reaching 89.6 billion yuan, marking an 11% year-on-year growth and returning to double-digit growth [1] - NetEase Youdao achieved an annual revenue of 5.9 billion yuan, marking its first year of positive operating profit and cash flow [1] - NetEase Cloud Music generated 7.8 billion yuan in revenue for 2025, with steady growth in its subscription business [1] - The innovative and other businesses, including NetEase Yanxuan and advertising, saw Q4 revenue of 2 billion yuan, a quarter-on-quarter increase of 42%, and total annual revenue of 6.8 billion yuan [1]