英媒：美国政府对科技巨头施压之际 谷歌将同意对云服务打折 金十数据7月11日讯，据英国金融时报报道，在特朗普政府施压科技公司削减长期高利润合同价格的背 景下，谷歌(GOOG.O)将大幅下调向美国政府提供的云计算服务价格。这一协议是在甲骨文上周与政府 达成交易之后作出的。甲骨文同意在限定时间内对部分软件合同给予75%的折扣，并在更广泛的云计算 合同中提供"大幅折扣"。美国总务管理局（GSA）的一位高级官员表示，谷歌的云服务合同"很可能会 达成类似的协议"。相关协议预计将在几周内敲定。这位高级官员表示，微软的Azure和亚马逊的AWS 预计也将很快提供类似的折扣，但与谷歌相比，相关谈判进展较慢。 ...

Core Viewpoint - The rapid development of large models and generative AI technologies is creating unprecedented growth opportunities in the computing infrastructure market, prompting the company to raise funds for a new cloud computing and AI industrial park project [1][3]. Group 1: Company Expansion Plans - The company plans to raise up to 1.75 billion yuan through a private placement to build a new generation cloud computing and AI industrial park in Langfang, Hebei [1][4]. - The project will include the construction of five data center buildings, with a total of 8,925 cabinets to be deployed, and is expected to take 18 months to complete [4][5]. - As of the end of 2024, the company has expanded its operations to over 30 cities in China, with more than 43,000 cabinets in operation and total assets increasing from 1.63 billion yuan in 2019 to 12.84 billion yuan by Q1 2025 [3]. Group 2: Market Demand and Industry Trends - The global data volume is projected to reach 291 zettabytes by 2027, nearly doubling from 2023, driven by the proliferation of technologies such as 5G, IoT, and autonomous driving [3]. - Major cloud service providers are significantly increasing their capital expenditures, with Alibaba planning to invest at least 380 billion yuan in cloud computing and AI infrastructure over the next three years, creating a favorable market environment for data center service providers [3]. Group 3: Financial Performance and Challenges - The company has faced a dilemma of increasing revenue without corresponding profit growth, with revenues of 1.335 billion yuan and 2.165 billion yuan in 2023 and 2024, respectively, while net profits declined from 166 million yuan in 2022 to 141 million yuan and 124 million yuan in the following years [6]. - The company's gross profit margin has decreased from 29.51% in 2020 to 26.40% in 2024, attributed to a higher proportion of low-margin businesses such as computing equipment sales and value-added services [8]. - The asset-liability ratio has risen from 55.77% in 2020 to 71.12% by the end of 2024, indicating increasing financial risk due to a heavy asset operation model [8]. Group 4: Investment Returns and Risk Management - The company anticipates an internal rate of return of 11.49% and a payback period of 7.4 years for the new investment project, which poses challenges for cash flow management [9]. - To mitigate risks, the company is engaging potential customers early in the project investment process and aims to expedite the commissioning of new data centers to enhance cabinet utilization [9].

Core Viewpoint - The rapid development of large models and generative AI technologies is creating unprecedented growth opportunities in the computing infrastructure market, as evidenced by the recent fundraising plans of Guangdong Aofei Data Technology Co., Ltd. [1] Group 1: Company Overview - Aofei Data is characterized as a "digital infrastructure provider," operating self-built data centers to lease cabinets and bandwidth, while also offering network security and cloud computing services [3] - By the end of 2024, Aofei Data's operations will cover over 30 cities in China, with more than 43,000 cabinets in operation and total assets increasing from 1.63 billion yuan at the end of 2019 to 12.84 billion yuan by the first quarter of 2025 [3] Group 2: Market Demand and Expansion Plans - The aggressive expansion of Aofei Data is driven by the real demand from the AI industry, with global data volume expected to reach 291 ZB by 2027, nearly doubling from 2023 [4] - Major cloud providers are significantly increasing their capital expenditures, with Alibaba planning to invest at least 380 billion yuan in cloud computing and AI infrastructure over the next three years, creating a vast market space for data center service providers [4] - Aofei Data plans to raise 1.75 billion yuan to build a new generation cloud computing and AI industrial park in Langfang, which will include five new data center buildings with a total of 8,925 cabinets [4][5] Group 3: Financial Performance and Challenges - Despite the promising expansion plans, Aofei Data faces financial challenges, with revenue growth not translating into profit increases; revenues for 2023 and 2024 are projected at 1.335 billion yuan and 2.165 billion yuan, respectively, while net profits are declining [7] - The company's gross margin has decreased from 29.51% in 2020 to 26.40% in 2024, attributed to a higher proportion of low-margin businesses [10] - The asset-liability ratio has risen from 55.77% in 2020 to 71.12% by the end of 2024, indicating increasing financial risk due to a heavy asset operation model [10] Group 4: Investment Returns and Risk Management - Aofei Data anticipates an internal rate of return of 11.49% and a payback period of 7.4 years for the new investment project, which poses challenges for cash flow management [12] - To mitigate risks, Aofei Data is engaging potential customers early in the project investment process and aims to expedite the commissioning of new data centers to enhance cabinet utilization [12]

聚焦全区招商引资工作市场化、专业化、系统化改革，区投促中心制定《关于北京城市副中心招商体系 的改革实施方案》，构建"1+1+6+N"一体化招商体系，成立区属招商公司——北京通州产业投资发展有 限公司（简称"通州产投"），注册资本2亿元。作为北京城市副中心首个全域国有招商平台，通州产投 的成立标志着通州区在构建市场化招商体系、强化产业精准导入方面迈出关键一步，开启市场化招商新 征程。 改革筑基优化营商谱新篇 当城市发展的号角在"十四五"收官与"十五五"开篇的历史交汇点愈发激昂，一幅以产业招商为笔、以经 济发展为墨的崭新画卷，正在城市副中心徐徐铺展。昨天，记者从区投促中心获悉，上半年全区新增重 点在谈项目400个，"两区"外资项目新增量领跑全市。亮眼成绩背后还藏着新的招商密码，副中心下半 年即将启动央企二三级公司、市属国企等重点目标企业项目库建设，设立国际招商联络机构，奏响更激 昂的招商强音。 400个新增重点在谈项目破浪来 今年区投促中心全面发力，落地、在谈一批重点项目。截至目前，全区新增重点在谈项目400个，已注 册重点企业230个，其中落地外资项目47个。央企二三级公司、市属国企累计落地176家，其中央企累 ...

图片来源： Mistral AI 据彭博社报道称 ， Mistral AI 正与包括阿布扎比 MGX 在内的投资者洽谈，拟通过权益融资筹集 10 亿美元。 彭博社另报道称，该公司正与 Bpifrance 等贷款方商讨为 Mistral Compute 服务筹集数亿美元债务融 资。 参考资料 https://www.theinformation.com/briefings/mgx-talks-participate-1-billion-mistral-fundraising?rc=o6xpry 编译： ChatGPT 我们正在招募新一期的实习生 -----------END----------- 我们正在寻找有创造力的00后创业者 由阿联酋支持、资产规模约 1000 亿美元的 MGX 已投资多家 AI 开发商，包括 Anthropic 、 OpenAI 和 xAI 。 今年 5 月，该公司与法国主权财富基金 Bpifrance 、 Mistral 及英伟达成立合资企业，计划在巴黎附 近建设一座 1.4 吉瓦的数据中心。 为商业客户提供 AI 模型及聊天机器人 Le Chat 的 Mistral ，目前还正在构建 ...

智通财经APP获悉，华尔街金融巨头杰富瑞将甲骨文(ORCL.US)的目标价从220美元大幅上调至270美 元，并维持"买入"评级，理由是"大型云计算交易"正在加速公司业绩增长。截至周二美股收盘，甲骨文 股价上涨近1%至234.50美元，盘中创下历史最高价位241.439美元，自6月公布强劲业绩展望以来股价涨 幅超过40%。 由布伦特·希尔(Brent Thill)领导的杰富瑞分析师团队指出，甲骨文最近的几笔大型云计算交易(包括一份 将在2028财年每年带来逾300亿美元销售额的合同)，标志着该公司在向超大规模云厂商转型方面迈出了 关键一步，并且市场份额有望更加接近亚马逊AWS以及微软Azure这两大超级云巨头。 杰富瑞分析团队表示，这些大型交易的规模意味着，市场对2028财年甲骨文云计算基础设施即服务(即 IaaS)业务销售额和总销售额分别为460亿美元和930亿美元的共识预期存在显著上行空间，同时大幅降 低了公司2029财年总销售额达到1040亿美元目标的实现风险。 分析师们补充表示，甲骨文在一众云计算领军者中依旧鹤立鸡群，没有任何其他大型软件公司或者聚焦 于IaaS与SaaS的云计算公司能实现逾100%的 ...

IDC 板块估值目前处于较低水平，约为 20 倍左右，在高景气阶段属于 估值下限，具备较高性价比，建议重点关注该板块的投资机会。 光环新网作为老牌 IDC 厂商，通过"IDC+云计算"双轮驱动模式实现 成长，虽近年来营收稳定，但 2022 年因商誉减值导致亏损，2023 年 净利润已恢复为正。 光环新网被认为是"再启程"，得益于 2024 年首次中标头部互联网大 厂天津宝坻项目，该项目需求接近 300 兆瓦，有望成为其第一大客户。 公司规划了内蒙古和林格尔新区及呼和浩特两个项目，总指标 360-380 兆瓦，如获审批将使公司指标量扩充至接近 1 吉瓦，显著提升其市场竞 争力。 光环新网在东南亚布局领先 A 股同行，已在马来西亚柔佛州基地投资并 完成境外公司注册，为未来海外市场拓展奠定基础。 截至 2024 年底，光环新网累计交付规模约 280 兆瓦，预计 2025 年将 交付约 100 兆瓦，同时去年突破新的大客户，为未来订单落地提供催化 可能。 光环新网估值相对较低，海外布局领先同行，成功切入头部互联网大厂 供应链，内蒙古项目规划等优势，显示出其强劲的发展潜力，建议重点 关注。 光环新网 20250708 ...

Core Viewpoint - Nvidia and Microsoft are approaching a market capitalization of $4 trillion, driven by the surge in AI demand and technology integration [1][3]. Group 1: Nvidia's Performance and Risks - Nvidia's revenue has increased over tenfold in the past three years, with an expected annual growth rate of 32% over the next three years [5]. - The company's success is heavily reliant on the AI boom, positioning it as a crucial hardware supplier in the AI value chain [4]. - However, Nvidia faces binary risks; if AI demand does not meet expectations or if technological breakthroughs diminish the necessity of its chips, the company could quickly lose its competitive edge [6]. Group 2: Microsoft's AI Strategy and Challenges - Microsoft's AI growth story is more complex, with its Azure cloud computing division's AI services generating approximately $11.5 billion in the last fiscal year, representing over 100% growth but only 4% of total revenue [7]. - The company is under internal pressure, having recently announced layoffs of 9,000 employees following a previous reduction of 6,000 positions [8]. - Microsoft lags behind other tech giants in employee efficiency, needing to cut 84,000 jobs to match Alphabet's efficiency levels [9]. - There are emerging tensions in Microsoft's partnership with OpenAI, particularly regarding the terms of their $10 billion collaboration, which may impact Microsoft's AI strategy significantly [10].

头条大事 活动｜阿里云中企出海峰会将落地北京：AI 加速全球布局 7月9日，阿里云中企出海峰会即将落地北京，携手标杆企业和生态伙伴，分享 AI 应用、制造、零售消费、具身智能等领域的务实实践。在 AI 时代，出海 企业如何提升创新和业务效率，开拓新商机？主论坛+四大分论坛+主题展区，分享出海洞察，探索增长动力。欢迎扫描下方二维码，报名参会。 公司动态 瑞幸在美国开出首批门店，一杯饮品最高57元 近日，瑞幸咖啡在美国开出首批门店，共计2家，分别位于纽约曼哈顿百老汇大道755号，以及第六大道800号。据瑞幸美国 APP 公布的菜单显示，其饮品价 格在3.45美元（约合24.71元）至7.95美元（约合56.94元）之间。新用户下载 App 则可享受优惠价。早在去年就有消息称瑞幸计划进入美国市场，并为此做 供应链和技术调整准备。瑞幸还曾在 NBA 比赛期间投放广告，以提升品牌知名度。瑞幸财报显示，截至一季度末，其全球门店总数达24097家。其中，国 际市场门店总数达到65家，包括新加坡自营门店57家，马来西亚加盟门店8家。（智通财经） 比亚迪搁置墨西哥建厂计划，副总裁李柯回应 7月3日，据彭博社报道，比亚迪已搁置了 ...

阿里云将于马来西亚和菲律宾新增数据中心，全球基础设施布局将扩展至29个地域、90个可用区。其 中，马来西亚第三个可用区已于7月1日正式上线，菲律宾第二个可用区则计划于今年10月启用，进一步 满足海外的云计算与AI需求。同时，阿里云将设立首个AI全球能力中心，计划联合超过1000家企业打 造10余个行业AI示范项目，并与全球120多所高校合作，每年培养10万名AI人才。(科创板日报) ...