以下文章来源于腾讯科技 ，作者值得关注的 这座规划容量"10万卡"超算中心初期用电负荷便高达150兆瓦，远期规划总容量更是突破1.2吉瓦 腾讯科技 . 腾讯新闻旗下腾讯科技官方账号，在这里读懂科技！ 来源丨 腾讯科技（ID：qqtech） 作者丨苏扬 编辑丨徐青阳 图源丨AI制作 在美国田纳西州孟菲斯市，有一座属于马斯克旗下xAI的超算集群Colossus。 ——接近孟菲斯市峰值用电需求的四成。 对硅谷而言，这是一座"未来工厂"，而对当地居民来说，它更像一个吞噬电力，制造噪音、热浪且扰 民的"赛博怪兽"。 类似Colossus这样的数据中心遍布世界各地，OpenAI、Meta都在通过举债的形式加码建设，尤其是 OpenAI，规划算力总价值达到1.4万亿美元。 可有一个终极问题：喂养这些"吞金兽"，钱从哪里来？ 数据中心=金融产品 Colossus作为AI基础设施：规模空前、技术密集、能源需求巨大。 建设阶段，孟菲斯经历了一段短暂"繁荣"：数千建筑岗位被创造，地方政府税收增加，"科技投资落 地"的叙事铺开。然而混凝土浇筑完毕、服务器上线后，这种兴奋很快被更具体、持久的变化取代。 第一个变化：电价开始上涨。 根据 ...

Wilson pointed to rising lease economics as evidence of the bottleneck. He said data center lease rates, which grew roughly 3% on average over the last 20 years, have increased at an average of about 12% since 2022. He also cited industry commentary around a future power shortfall for data centers by 2030 and referenced a public statement by Microsoft’s CEO that the company has GPUs it cannot deploy due to infrastructure constraints.Chief Operating Officer Liam Wilson said the company’s core thesis is that ...

Investment Rating - The industry investment rating is positive, indicating an overweight outlook for the AIDC sector, suggesting it will outperform the overall market [8]. Core Insights - The AIDC industry is expected to experience significant breakthroughs in computing power, models, and applications in 2026, with domestic computing power transitioning from usable to highly effective [2]. - The demand from cloud vendors remains strong, with a notable increase in IDC orders expected to be fulfilled by mid-2026, indicating a robust growth trajectory for cloud computing infrastructure [2]. - The supply side faces challenges due to the scarcity of effective supply, as the government emphasizes orderly guidance and efficient construction of intelligent computing centers [2]. Summary by Sections Demand Side - Cloud vendors are expected to have high demand for IDC, with orders from Q1 2025 anticipated to be deployed by Q2-Q3 2026, necessitating significant capital investment [2]. - The new round of IDC bidding has commenced, with an accelerated delivery schedule expected [2]. Supply Side - The government is focusing on optimizing the layout of intelligent computing resources, which will create a balanced supply-demand situation in the long term [2]. - There is a noted expectation for supply of supporting equipment, such as UPS and HVDC systems, to meet the needs of AIDC construction [2]. Key Companies - Key players in the industry include leading IDC companies like Runze Technology and Dongyangguang, as well as emerging companies like Aofei Data and Guanghuan New Network [2]. - Companies providing essential supply and cooling solutions, such as Kehua Data and Zhongheng Electric, are also highlighted as important players [2].

26年1月10日下午，智谱创始人唐杰、千问技术负责人林俊旸、腾讯首席AI科学家姚顺雨等AI前沿工作 者AGI-Next前沿峰会上形成一定行业共识：在硬件支持、软硬件结合、Agent路径等多个维度上，国内 科技公司正在从全球AI技术的跟随者逐渐转变为推动者。 需求侧：云厂商需求高企 从必要性的角度看，25Q1前的IDC订单，预计到26Q2-Q3完成上架部署，而从下定到交付需要约6个月 缓冲期，这意味着云厂商25年底至26年初进行下一轮智算中心布局必要性很强，且节奏紧体量大。从实 际布局的情况看，海外算力与国产算力并行确定性高，预计将推动云厂商资本开支持续增长;新一轮IDC 招投标已启动，预计交付上架节奏显著加快。此外，云厂商有一定概率锁定更长时间维度内的优质区位 资产，以保障未来算力供给的可持续性。 申万宏源发布研报称，展望2026年，预计国内算力、模型、应用等多个层面均将有重大突破。算力侧， 除NV供应变化之外，国产算力预计从可用变为好用，并通过超节点方式实现更高密度算力集群组网。 模型侧，中美大模型差距在2025年逐步缩小，预计2026年追赶趋势将持续，并进一步达成性能与成本间 的更优平衡。应用侧，除25年 ...

Core Points - A class action lawsuit has been filed against CoreWeave, Inc. for violations of the Securities Exchange Act of 1934 [1] - The lawsuit pertains to investors who purchased CoreWeave's securities between March 28, 2025, and December 15, 2025 [2] - The complaint alleges that CoreWeave made false and misleading statements regarding its ability to meet customer demand and downplayed risks associated with relying on a single third-party vendor for data centers [4] Company Operations - CoreWeave's failed acquisition of Core Scientific and delays in bringing data centers online contributed to the misleading public statements [4] - The truth about CoreWeave's operations was revealed through media reporting, leading to investor damages when the market learned the facts [4] Legal Representation - The Schall Law Firm is representing investors globally and specializes in securities class action lawsuits [5] - Investors are encouraged to contact the firm to discuss their rights and potential participation in the lawsuit [3]

Core Points - A class action lawsuit has been filed against Coreweave, Inc. for alleged misstatements regarding its ability to meet customer demand and the risks associated with reliance on a single third-party data center supplier [2][6] - Investors who suffered losses during the class period from March 28, 2025, to December 15, 2025, can request lead plaintiff appointment until March 13, 2026 [1][6] Financial Impact - On October 30, 2025, Coreweave's shares fell by approximately 5.5%, from $133.71 to $126.32, following the announcement of the termination of its merger agreement with Core Scientific due to insufficient shareholder votes [3] - Following a press release on November 10, 2025, regarding lowered guidance due to delays from a third-party data center, Coreweave's shares dropped by about 16.3%, from $105.61 to $88.39 [4] - An article published on December 15, 2025, highlighted further delays in the completion of a significant data center project, leading to a decline of approximately 7.9% in share price, from $78.59 to $72.35 [5] Company Statements - Coreweave maintains that its strategy remains unchanged despite the challenges faced, emphasizing a commitment to long-term shareholder value through strategic mergers and acquisitions [3] - Co-founder Michael Intrator initially stated that the quarter's performance was as planned, except for delays at a singular data center, later clarifying the issue pertained to a singular data center provider [4]

Bitfarms (NasdaqGM:BITF) FY Conference January 13, 2026 04:30 PM ET Company ParticipantsJonathan Merne - CFONone - Company RepresentativeLiam Wilson - COOConference Call ParticipantsNone - AnalystOperatorto the Bitfarms presentation. Before we begin, I just want to remind everybody that we will be making references to forward-looking statements that might differ from actual results. We also refer to non-IFRS measures. If you're looking for definitions of both of them, please make sure to look at our MD&A on ...

Key Points Amazon's biggest AI advantage could come from using the technology internally. Micron stands to benefit tremendously from a global memory hardware shortage. 10 stocks we like better than Amazon › It's finally 2026, and that means it's been just over three years since OpenAI's ChatGPT gave rise to the generative artificial intelligence (AI) industry. As the hype cycle gets long in the tooth, investors should pivot to more value-oriented picks like Amazon (NASDAQ: AMZN) and Micron Technolog ...

Core Viewpoint - IREN's stock was upgraded to Buy from Sell by H.C. Wainwright, with a price target of $80, highlighting 2026 as a transformative year due to AI infrastructure spending [1] Group 1: AI Infrastructure and Contracts - IREN secured a $9.7 billion, five-year AI cloud agreement with Microsoft, one of the largest contracts for a bitcoin miner, expected to generate approximately $1.94 billion in annual recurring revenue by the end of 2026 [2] - The deal will be fully monetized once 200 megawatts of critical IT capacity are deployed at the Childress site [2] Group 2: Growth Potential and Financials - IREN has a development pipeline of over 2 gigawatts of incremental capacity expected to be energized by 2027, providing opportunities for AI cloud growth and colocation [3] - The stock has fallen about 35% from its November 2025 highs, creating an attractive entry point, while IREN raised $2.3 billion through convertible offerings, increasing its cash balance to $1.8 billion as of October 2025 for AI data center expansion [3]

Although public backlash against data centers has been intense over the past 12 months, all of the tech industry’s biggest companies have promised additional buildouts of AI infrastructure in the coming year. That includes OpenAI partner Microsoft, which, on Tuesday, announced what it calls a “community-first” approach to AI Infrastructure. Microsoft’s announcement, which comes only a day after Mark Zuckerberg said that Meta would launch its own AI infrastructure program, isn’t unexpected. Last year, th ...