今年7月，甲骨文与OpenAI正式达成合作协议。双方计划将"星际之门"AI数据中心的总规模提升至配备 200万颗AI加速器，并建设配套的5吉瓦电力设施。该项目全部建成后，有望成为全球规模最大的数据 中心之一。 周一，甲骨文(ORCL.US)股价延续上周跌势，跌逾3%，报183.51美元。据报道，甲骨文公司已推迟交付 为OpenAI规划的多座大型AI数据中心。这些受影响的设施属于今年1月公布的"星际之门"项目。项目进 度延迟的主要原因是熟练劳动力和部分物资短缺。目前短缺的"物资"具体类别尚未明确，但据推测可能 包括关键建筑材料或数据中心设备。尽管项目时间表从2027年延后至2028年，但甲骨文为OpenAI建设 项目的整体规模并未发生变化。 ...

History shows that breakthrough technologies don’t just slot into existing systems, they make us rethink those systems entirely. When steam power arrived, factories didn’t simply replace water wheels with engines. They redesigned the entire layout. Instead of clustering machines around a single power source, they spread them out, creating assembly lines and workflows that unlocked massive productivity gains. Electricity did the same, enabling flexible layouts and lighting that extended working hours and tra ...

Core Insights - Leidos has appointed Theodore "Ted" Tanner Jr. as the new Chief Technology Officer to enhance its focus on artificial intelligence and other advanced technologies [1][2] - Tanner's experience includes leadership roles in AI development for defense and healthcare, aligning with Leidos' strategic goals [4][5] - The company's NorthStar 2030 strategy aims to differentiate itself in various sectors, including space, cyber, and health services, leveraging AI for improved outcomes [3] Company Overview - Leidos is a technology leader serving government and commercial clients, with approximately 47,000 employees and annual revenues of about $16.7 billion for the fiscal year ending January 3, 2025 [6]

ServiceNow's potential acquisition of Armis could significantly enhance its cybersecurity capabilities and market position.Armis reports impressive growth, with annual recurring revenue increasing to $300 million from $200 million in 2024.Despite a potential downside in stock price as per KeyBanc's analysis, ServiceNow's strategic moves could bolster long-term value.ServiceNow (NYSE:NOW) is a leading provider of workflow automation solutions, helping businesses streamline their operations. The company is cu ...

2025 年 12 月 15 日 [Table_Author] | 分析师 | 孔蓉 | 执业证书： S0590525110014 | | | --- | --- | --- | --- | | 邮箱： | kongrong@glms.com.cn | 分析师 | 樊程安吉 | | 执业证书： S0590525110016 | 邮箱： | fanchenganji@glms.com.cn | | | 分析师 | 赵融 | 执业证书： S0590525120005 | | | 邮箱： | zhaorong@glms.com.cn | | | 相关研究 Oracle（ORCL）2026 财年第二季度业绩点评 RPO 维持高增长，关注后续收入转化情况 glmszqdatemark 本公司具备证券投资咨询业务资格，请务必阅读最后一页免责声明 证券研究报告 1 品交付 ➢ Oracle 发布 FY26Q2 业绩。FY26Q2 总收入 161 亿美元，同比+13%，不及彭 博一致预期；经调整毛利率 67.8%，同比-4.7pcts，不及彭博一致预期；经调整 净利润 66 亿美元，同比+54%，超彭博一致预期，其中受到公司 ...

95%的高管表示，对AI的信任程度决定了新产品与服务的成败。五分之四的消费者表示，如果某品牌故 意隐瞒使用AI，他们会降低对该品牌的信任。为避开隐藏的AI，三分之二的人会选择更换品牌，半数 甚至愿意支付更高的费用。报告建议，不仅要告知客户你在使用其数据，并且要展示使用的方式。从初 始阶段，就将透明度融入AI赋能的产品设计中。确保AI驱动的推荐可追溯，让客户理解决策的产生机 制。 4、随着企业加强保护计算资源，"AI韧性"与"AI自主性"正变得必不可缺 策机制。当确信其表现稳定可靠后，并达到特定的阈值时，可授予AI智能体调整定价、转换营销策略 及推出产品衍生体的授权。 2、员工不再惧怕AI，转而主动拥抱，即使这意味着他们的职责将发生重大改变 61%的员工预计，由于新技术的发展，他们的角色将在2026年发生显著变化，同时，多达81%的员工表 示对跟上未来的发展步伐，抱有信心。到2026年，对于雇主更多地使用人工智能，愿意接受（而非抵 制）的员工数量增长两到三倍。为了获得更好的培训机会，56%的人表示愿意跳槽，42%的人甚至愿意 接受降薪。报告建议，建立角色框架，而非僵化的职位描述。从董事会到基层，持续地构建组织的 ...

Core Points - Truecaller AB has repurchased a total of 375,000 B shares during week 50, representing 0.11% of outstanding capital [1] - Since the initiation of the current buyback program, Truecaller has repurchased 4,079,053 shares, which is 1.15% of outstanding capital [1] - The buyback program, announced on May 30, 2025, will continue until the Annual General Meeting (AGM) in May 2026 [1] Buyback Program Details - The Board was authorized to buy back B-shares until the AGM in 2026, with a limit that the company's shareholding does not exceed 10% of the total number of outstanding shares [2] - The total accumulated buyback from October 2022 to May 2025 is 671,500 shares at an average price of SEK 33.49, totaling SEK 1,228 million [5] Weekly Buyback Summary - The aggregated daily volume for the week of December 8-12, 2025, was 375,000 shares, with a weighted average share price of SEK 22.75, resulting in a total transaction value of SEK 8,532,468 [3] - The total number of shares held by Truecaller as of December 12, 2025, is 8,024,385 B shares and 5,013,786 C shares, amounting to 3.69% of outstanding capital [4] Company Overview - Truecaller is a leading global platform for verifying contacts and blocking unwanted communication, with over 450 million active users [7] - The company is listed on Nasdaq Stockholm since October 8, 2021 [7]

Core Insights - Truecaller has experienced a decline in ad revenues since mid-August 2025, primarily due to an algorithm change from its largest demand partner and a weaker advertising market in India. The company estimates fourth-quarter ad revenues to be between SEK 210-230 million, reflecting a decline of approximately 30% in constant currencies [1][3]. Revenue Streams - Truecaller’s recurring revenue streams, including premium subscriptions and Truecaller for Business, are expected to show robust growth in the fourth quarter, alongside user growth [2]. Ad Revenue Challenges - The company noted that while there has been some stabilization and minor improvements in ad revenues since November, the issues stemming from the algorithm change have not been fully resolved. Ad revenues are expected to remain muted in the near term until the issue is completely addressed [3][4]. Long-term Strategy - Truecaller is focusing on a revamped ads strategy aimed at reducing dependency on specific partners and markets, increasing growth outside of India, and enhancing direct sales and reseller partnerships. Progress is being made in restructuring the ads business for long-term stability [4][5]. User Growth and Profitability - The company is on track to reach 500 million users and is committed to maintaining solid profitability despite lower revenues. There is an increased focus on cost management without compromising long-term ambitions [6]. Incentive Costs - The fourth quarter is expected to incur additional costs of approximately SEK 30 million due to performance criteria being met in the incentive program LTIP 2022. Total incentive costs, excluding share-price dependent social security costs, are projected to be around SEK 70 million for the fourth quarter [7].

企查查APP显示，近日，北京紫光摩度智能科技有限公司成立，法定代表人为张少华，经营范围包含： 人工智能应用软件开发；数据处理和存储支持服务；信息系统集成服务；互联网安全服务；数据处理服 务等。企查查股权穿透显示，该公司由紫光股份旗下紫光摩度科技有限公司全资持股。 ...

"目前，第三代灵石已开始部署蒸馏大模型，并衍生出端侧灵石，植入扫地车、巡逻车等机器人体内。 灵石开始构建涵盖软件、机器人、低碳及增值服务的全方位生态。"朱保全表示，至此，灵石真正让不 动产学会思考，拥有了打造生态集群的能力。 据了解，灵石目前已实现44种场景的商用化，未来还将接入算力服务，为不动产打造ESG标签，为企业 提供碳服务等。朱保全表示，灵石让不动产"用得更好、耗得更少、算得更清"。他强调，为每个不动产 配置灵石，助力不动产业主降费提租，是万物云从"服务红海"走向"算力蓝海"的未来战略。 在此次大会现场，万物云宣布联合云深处、优必选、高仙、万勋等机器人领军企业，以及宁德时代 （300750）、隆基绿能（601012）、深圳建科院（300675）等低碳伙伴，正式启动"灵石生态联盟"，共 同构建涵盖软件、机器人、低碳及增值服务的全方位生态，实现从单体智能到群体智能的跃升。 中证报中证网讯（记者 齐金钊）日前，在万物云睿见大会上，万物云正式宣布旗下核心科技产品 ——"灵石3.0"全面开启商业化，并首创"数字员工"租赁模式，推动不动产管理智慧和低碳升级。同 时，万物云联合多家知名机器人公司、科技企业共同发起成 ...