在全球经济进入深度变局之际，2025夏季达沃斯论坛以"新时代企业家精神"为主题，为世界经济把脉问 诊。 从工业革命到数字时代，企业家精神始终是推动经济转型的核心引擎之一，而在充满不确定性的今天， 这一精神又被赋予了新的时代内涵。 在主题为"中国创业生态前瞻洞察"分论坛上，来自云计算、自动驾驶、AI领域的中国青年企业家们，用 生动的实践诠释了新时代企业家精神的"破圈"与"破局"之道。 "破圈"首先体现在产业融合的深度实践层面。在2025夏季达沃斯论坛现场，AI、生物科技、新能源、信 息技术等前沿领域的讨论热度居高不下。越来越多的企业家意识到，单一产业的发展空间正逐渐趋 于"天花板"，跨行业整合资源、共享技术成果，是挖掘新增长点的重要途径。 主动打破藩篱，在技术交叉处发现新蓝海，元戎启行CEO周光分享的自动驾驶商业化路径，正是这种跨 界思维的例证之一。 新时代企业家精神的"破圈"还体现在国际合作方面。在经济全球化遇阻的背景下，仍有众多企业家积极 寻求跨国界的合作机会，将产品与服务推向全球市场。他们不仅输出优质的商品，更将中国企业的创新 理念、管理模式传播到世界。 就像TCL创始人李东生所言，面对全球化的新形势，跨 ...

Core Insights - Nvidia's DGX Cloud service is rapidly growing, with UBS analysts projecting annual revenue to exceed $10 billion [1] - Nvidia employs a dual strategy in the AI cloud computing sector by directly operating DGX Cloud and investing in emerging companies like CoreWeave and Lambda [2] - The DGX Cloud service allows customers to access Nvidia's AI supercomputers remotely, avoiding the need for expensive hardware purchases [3] Nvidia's Business Model - Since its launch in March 2023, DGX Cloud has expanded its partner network significantly, signing long-term cloud service agreements worth $10.9 billion, up from $3.5 billion the previous year [3] - Nvidia's unique operational model involves cloud giants purchasing and managing hardware, which Nvidia then rents back to provide services to enterprise clients [3] - This arrangement creates a complex relationship where cloud providers benefit financially while potentially aiding a competitor [5] Market Dynamics - The entry of Nvidia into the cloud computing space poses a threat to traditional giants like Amazon, Microsoft, and Google, which rely heavily on cloud services for profitability [5] - Amazon's cloud business generated over $107 billion in sales last year, contributing significantly to its overall revenue [5] - Nvidia holds approximately 80% of the AI chip market, making it a critical supplier for all major cloud service providers [5] Competitive Landscape - As Nvidia's DGX Cloud competes with existing cloud services, traditional providers are also developing their own AI chips to reduce reliance on Nvidia [5] - The shift in computing demand towards AI presents both opportunities and challenges for established cloud providers, particularly amid economic uncertainties [5]

Core Insights - Alibaba Cloud aims to accelerate the establishment of a global cloud computing network, enhancing compliance, service, and ecosystem team building to support Chinese enterprises going global [1][2] - The company has defined two strategic directions for the next decade: "AI empowering Alibaba Cloud" and "Alibaba Cloud fully supporting Chinese enterprises going global" [1][2] Group 1: Global Expansion Strategy - Chinese enterprises have evolved in their global expansion, moving from manufacturing to intelligent manufacturing, and diversifying their operational regions from primarily Europe and America to a more global approach [2] - Alibaba Cloud plans to build a unified global technology stack and provide localized services to facilitate rapid deployment of products and AI applications for Chinese enterprises [2][3] Group 2: Data Center Developments - Alibaba Cloud is expanding its global data center footprint, with the recent opening of a second data center in South Korea, bringing its total to 29 regions and 88 availability zones [3] - The company has also partnered with SAP to integrate enterprise-level software with Alibaba Cloud's infrastructure and AI capabilities, initially focusing on the Chinese market and expanding to Southeast Asia, the Middle East, and Africa [3] Group 3: Industry Applications and Partnerships - Alibaba Cloud has supported numerous industries in South China, including AI hardware, automotive, and home appliances, with significant clients like Meitu and Xiaopeng Motors [4] - Xiaopeng Motors is leveraging Alibaba Cloud's global infrastructure for rapid deployment in overseas markets, ensuring data security and compliance [6] Group 4: AI Capabilities - Alibaba Cloud's AI capabilities are becoming a core competitive advantage, with strategic investments aimed at enhancing its ability to support Chinese enterprises in global markets [6] - The company has developed customized AI solutions for products like the Thunderbird AI glasses, enhancing user experience through low-latency, high-quality interactions [5][6]

杰西卡 发自 凹非寺 量子位 | 公众号 QbitAI AI infra港股第一股，已经在冲刺路上了。 PPIO派欧云 ，独立分布式云计算服务商，也是提供AI云计算服务的先行者，最近在港交所递交了招股书。 两位华中科技校友连续创业，PPTV原班创始团队再度联手，闯入AI浪潮。 PPIO已累计完成5亿融资，从天使轮起就汇聚了百川智能创始人王小川、前微软Azure中国总裁申元庆，以及迅雷的联创 程浩等投资阵容支持。 如今，PPIO将以 46.9亿元 的估值，在AI算力基础设施赛道，抢下港股上市第一张门票。 PPIO是谁？ 派欧云 （以下简称PPIO） ，本身以 边缘云计算服务 起家。2023年，也就是AI大模型元年，PPIO开始进军AI云计算服 务。 所以，PPIO当前的主营业务，也被分为这两大块。 先看"老本行"， 边缘云计算服务 。PPIO通过整合第三方提供商的分散异构计算资源，把算力部署在互联网"边缘"，即离 数据生成及使用更近的地方，而不是集中在远程的数据中心。 简单来说，是把云计算能力搬到离用户更近的地方，如此可以加快数据处理速度，减少延迟。 具体来看，PPIO的这类服务细分为 边缘节点服务 、 边缘C ...

Core Insights - Global infrastructure investment, particularly in digital infrastructure, is gaining attention due to its long-term nature, resilience, and high returns [1] - Major overseas investment institutions and tech companies are allocating significant funds towards AI-related infrastructure to secure a competitive edge and stable long-term returns [2] Investment Trends - Large tech and financial institutions are investing heavily in AI infrastructure, with investments reaching billions of dollars [2][3] - Microsoft announced a $400 million investment in AI infrastructure and cloud computing in Switzerland [4] - Amazon plans to invest over $13 billion in expanding AI and cloud infrastructure in Australia [4] - Meta is also planning to build an AI data center, while SoftBank, OpenAI, and Oracle announced a $500 billion investment in AI infrastructure in the U.S. [5] Financial Institutions' Involvement - Financial institutions are actively participating in AI infrastructure investments, with JPMorgan providing over $7 billion in loans for an AI data center in Texas [6] - The investment cycle for AI infrastructure is typically long, ranging from 25 to 50 years, attracting interest from alternative asset investment firms [6] Market Dynamics - The focus of infrastructure investment is shifting towards three key areas: Decarbonization, Digitalization, and Deglobalization [8] - AI is driving demand for computing power, which in turn accelerates the construction of data centers and increases electricity demand [8] Regulatory and Market Developments - China's goal is to have 80% of new data centers powered by green electricity by 2025 [9] - The global capacity of large data centers is expected to double by the end of 2024, driven by AI [9]

今晚，整个市场都在关注鲍威尔的最新表态。美东时间6月24日上午10时，美联储主席鲍威尔 在众议院金融服务委员会发表半年度货币政策报告证词。 鲍威尔表示， 当前通胀率已从2022年年中的高点大幅回落，但相对于美联储2%的长期目标， 通胀率仍略高 。其中，5月个人消费支出指数（PCE）上涨了2.3%，不包括波动较大的食品和 能源类别的核心PCE上涨了2.6%。 值得关注的是，近几个月来，基于市场和调查的通胀预期的短期指标有所上升。对消费者、企 业和专业预测者的调查的受访者指出，关税是驱动因素。然而，在未来一年左右之后，大多数 长期预期指标仍与美联储2%的通胀目标一致。 鲍威尔 还表示当前总体就业情况仍然不错 。今年前五个月，就业岗位平均每月增加12.4万 个，5月份的失业率为4.2%，仍然很低。虽然工资增长继续放缓，但仍超过通货膨胀率。总体 而言，大量指标表明，劳动力市场的状况大致处于平衡状态。劳动力市场并不是重大通胀压力 的来源。近年来强劲的劳动力市场状况有助于缩小不同人口群体之间长期存在的就业和收入差 距。 鲍威尔表示："今年关税的上调可能会推高物价，并对经济活动构成压力。"鲍威尔还表 示："关税对通胀的影响 ...

当外国自媒体博主使用影石创新的全景相机拍摄酷炫的运动视频，当云鲸智能的扫地机器人走进海外的 千家万户，当雷鸟创新的AR眼镜在"黑五"大促中大卖……在这些中国科技企业开拓海外市场的征程 中，背后都有一个共同的名字——阿里云。 "近年来，我们看到一个新的浪潮：很多创新企业从创业第一天开始，就将自己定位为全球化的企业， 把重心放在海外。"6月24日，在深圳举行的2025阿里云中企出海峰会上，阿里云智能集团资深副总裁、 公共云事业部总裁刘伟光表示，"生而全球"已经不再是少数派的"传奇"，而成为大多数中企可复制的方 法。 "生而全球"企业集体涌现的"新航海时代"，呼唤有更能够适配这些企业需求的云与AI基础设施服务商。 阿里云基于"生而全球"企业的特点，正从三个方面致力于服务企业更好开拓海外市场。 首先是在全域扩展方面，阿里云打造了全球云计算一张网，提供全球统一的技术栈和完整的开源体系， 助力每个公司在不同国家快速应用网络能力。据介绍，阿里云全球云计算一张网目前已覆盖29个地域、 88个可用区、3200个边缘节点。此外，未来三年，阿里巴巴还将投入超过3800亿人民币，用于建设云和 AI硬件基础设施。 一张覆盖全球、稳定可 ...

Group 1 - China's exports have evolved beyond simple goods, deeply embedding into the daily lives of billions globally [2] - The photovoltaic industry is adapting to challenges and seeking new markets amid geopolitical tensions [3] - Huole Technology has secured several million in Pre-B round financing, collaborating with over 50 global hardware manufacturers [4] Group 2 - Global Robotaxi players are racing towards commercialization, with Tesla initiating a pilot program in Austin, Texas [5] - Guangdong province is supporting e-commerce companies in establishing export-to-domestic sales zones and providing financial incentives [6] - AliExpress has been recognized as the top e-commerce platform in the Kantar BrandZ Globalization Brand List [7] Group 3 - Yikong Zhijia has completed over 400 million in D round financing, focusing on autonomous driving product development and international expansion [7] - CP Group has formed a strategic partnership with Ningji, enhancing its market presence [8] - Dongshan Precision expects its Thailand factory to achieve mass production in the second half of the year [8] Group 4 - The Chinese Ministry of Commerce has expressed strong opposition to the EU's restrictions on Chinese companies in public procurement [8] - The China Council for the Promotion of International Trade is facilitating exchanges between Chinese and American businesses [9] - A program in Indonesia aims to help Chinese companies navigate the healthcare market [9]

Core Viewpoint - TCL's globalization strategy has evolved from "product output" to "ecosystem co-construction," emphasizing the importance of deep collaboration with global resources and enterprises, particularly through its partnership with Amazon Web Services (AWS) [1][9]. Group 1: Globalization Strategy - TCL has transformed from a small factory producing tape recorders in Huizhou to a global technology group with operations in over 160 countries and annual revenue exceeding 300 billion yuan [1]. - The collaboration with AWS is seen as a key factor in overcoming challenges in globalization, particularly in software and digitalization [2][4]. Group 2: Digital Transformation - The shift to a digital ecosystem requires a new paradigm, as physical factories can be replicated, but digital ecosystem collaboration is more complex [2]. - TCL has achieved data coverage in 245 countries and regions, ensuring compliance with regulations like GDPR through AWS's global cloud infrastructure [4]. Group 3: Operational Efficiency - The integration of AWS has led to significant improvements, such as reducing the product integration cycle for the global IoT platform from 30 person-days to 1 person-day and cutting R&D costs by 50% [5][6]. - The implementation of a serverless architecture has resulted in a 20% reduction in operational costs and a 19% performance improvement [6]. Group 4: AI Integration - TCL's A300 art television utilizes AI to generate unique artwork based on user input, showcasing the company's commitment to merging traditional appliances with artistic creativity [7]. - The company has embedded generative AI across its operations, enhancing user interaction and optimizing product performance [7][8]. Group 5: Future Directions - Future collaborations with AWS will focus on deeper integration of generative AI and overall optimization of enterprise operations, including global customer service systems [8]. - TCL is exploring agent technology to simplify user interactions with devices, aiming to create a more intuitive experience [8].

点击蓝字，关注我们 今日上午港股 1.汽车股集体回暖， 理想汽车 - W (02015) 涨 4.46%；零跑汽车 (09863) 涨 4.24%；小鹏汽车 - W (09868) 涨 3.36%；比亚迪股份 (01211) 涨 3.33%。 2.越疆 (02432) 涨超 8%， 消息面上，京东 618 全周期战报数据显示，5 月 13 日 20 点到 6 月 18 日 24 点，智能机器人自营销售额同比增长 3 倍，具身智能机器人销售额同比增长 17 倍。 3.金山云 (03896) 涨超 3%， 消息面上，金山云发布公告，认购事项的条件已达成且认购事项已于 2025 年 6 月 17 日完成。 4.荣昌生物 (09995) 再涨超 6%， 消息面上，近日，荣昌生物公告称，其核心产品泰它西普获得国家知识 产权局授予的专利权期限补偿，补偿天数为 1827 天，使得该药的专利权期满终止日从 2027 年 6 月 15 日延长到 2032 年 6 月 15 日。 5.博彩股早盘普涨， 美高梅中国 (02282) 涨 4.7%，新濠国际发展 (00200) 涨 4.09%，金沙中国 (01928) 涨 2.48% ...