Analysts predict that ByteDance's AI computing power expenditure will exceed 100 billion yuan by 2025, and the dawn of domestic computing power demand is approaching.

① Recently, ByteDance released a procurement sourcing announcement for the design framework of its self-built Datacenter substation. ② Zheshang Securities stated that the dawn of domestic computing power demand has arrived, and ByteDance has made huge investments in AI, with capital expenditures reaching 80 billion yuan in 2024.

cls.cnJan 6 18:51 ET

The Financial Regulatory Administration has issued data security management measures for Banks and Insurance institutions, and data security is expected to become a focal point.

① The National Financial Supervisory Administration issued data security management measures for Banks and Insurance Institutions. Banks and Insurance Institutions should establish a data security technical protection system aimed at Big Data, Cloud Computing, Penghua CSI Mobile Internet Index Fund(LOF)-A, Internet of Things and other diverse heterogeneous environments. ② CITIC SEC Research Reports indicate that data security is an important increment for the growth of the Cybersecurity Industry, along with the increase in the proportion of Cybersecurity expenditure to IT expenditure.

cls.cnDec 29, 2024 19:06 ET

(Delisted) as the first under the new regulations! After five consecutive years of financial fraud, *Special Treat Zhuo Lang will be forced to delist.

①*ST Zhuolong was (Delisted) due to fabricating sales Business, inflating revenue and profits, resulting in false records in the annual reports from 2019 to 2023, and will be suspended from trading starting December 26, 2024. ② The China Securities Regulatory Commission decided to order Zhuolong Information Technology Co., Ltd. to rectify, issue a warning, and impose a fine of 10 million yuan.

cls.cnDec 25, 2024 07:45 ET

【Illustration of Bull and Bear Stocks】The Copper cable high-speed connection Concept is performing strongly against the trend, with ZTE's Block Orders net Inflow reaching 6.198 billion yuan.

① This week, the three major A-share Indices continued the pullback trend from last week, and the market Volume has noticeably shrunk; ② The WeChat small store Concept stocks had significant gains, with Hunan Friendship & Apollo Commercial's weekly increase at 61.30%; ③ Domestic companies are increasingly demanding high-speed Copper cables in the fields of Asia Vets connected Autos, industrial automation, and Datacenter.

cls.cnDec 22, 2024 05:26 ET

The popularity is second only to ChatGPT! How much computing power does ByteBean need to support it? Which companies are likely to benefit?

The analyst team at Minsheng Securities stated that as ByteDance continues to deepen its layout in AI, the demand for computing power, data, and energy consumption solutions will significantly increase, which will also drive growth in AI Education, advertising services, and other Industries.

wallstreetcnDec 16, 2024 11:51 ET

Google has released the quantum computing chip Willow, accelerating the Global research and application of quantum Technology.

① Google CEO Sundar Pichai stated that the newly released quantum computing chip Willow has practical applications in drug discovery, fusion energy, and Battery design. ② Minsheng Securities pointed out that quantum computing is expected to disrupt classical computing architecture, becoming a disruptive force in solving the bottleneck of AI computing power, or becoming an important lever for developing new productive forces.

cls.cnDec 10, 2024 19:12 ET