AI - TechWire

        2025.07.31
    
11:32

                            A-share midday review: Shanghai Composite Index fell 0.68% from a low level, with AI software and hardware showing strength across the board
                        
                            The three major A-share indices saw mixed gains and losses. As of midday close, the Shanghai Composite Index fell 0.68%, the Shenzhen Component Index fell 0.45%, the ChiNext Index rose 0.43%, and the Beijing Stock Exchange 50 Index rose 0.12%. The total trading volume of the three stock markets in Shanghai, Shenzhen, and Beijing reached 1.1578 trillion yuan, a 55.6 billion yuan increase from the previous day. Over 3,400 stocks in both markets declined. Among the sectors, Zhipu AI, liquid-cooled servers, and assisted reproductive technology rose, while the steel and coal sectors adjusted. Zhipu AI saw strong gains amidst fluctuations, with Yidian Tianxia hitting its 20cm limit. The liquid-cooled server sector saw gains across the board, with Siquan New Materials hitting its 20cm limit, and Invice and Chunzhong Technology hitting their limit-up limits. The assisted reproductive technology sector continued to strengthen, with Gongtong Pharmaceutical hitting its 20cm limit-up, and Hanshang Group hitting its limit-up limits. The steel sector adjusted, with Chongqing Steel falling over 5%. The coal sector fell across the board, with all stocks in the sector in the red, with Antai Group falling over 5%.
                        
11:10

                            Hong Kong AI stocks strengthened, with Meitu rising over 12%.
                        
                            Hong Kong-listed AI concept stocks strengthened, with Meitu up 12.50%, Mobvista up 9.85%, Kingdee International up 8.96%, and Kingsoft Cloud up 7.97%.
                        
10:42

                            Mass spectrometry AI stocks bucked the trend, with Jin Hyundai and Zhizhebuy rising by over 10%.
                        
                            The mass spectrometry AI sector bucked the market trend and strengthened, with Jinxiandai and Zhiyoumai rising by more than 10%, followed by UCloud, 360, BlueFocus, Berry Genomics, and Newtouch Software.
                        
10:32

                            my country's large-scale model application has more than 3.1 billion individual user registrations
                        
                            The Cyberspace Administration of China (CAC) reports that AI is currently providing services to users through various means, including web pages, mobile applications, API interfaces, local deployment, and cloud services. According to incomplete statistics, the total number of individual user registrations for large-scale model applications has exceeded 3.1 billion, and the total number of API call users has exceeded 159 million.
                        
09:53

                            According to The Information: OpenAI's annual revenue reaches US$12 billion, and its weekly active users exceed 700 million.
                        
09:48

                            OpenAI, which has annualized revenue of $12 billion, has raised its 2025 cash burn forecast to about $8 billion.
                        
                            OpenAI, which has annualized revenue of $12 billion, has raised its 2025 cash burn forecast to about $8 billion.
                        
09:48

                            According to The Information: OpenAI has raised its cash burn forecast for 2025 to approximately $8 billion.
                        
09:44

                            The ChiNext Index strengthened at the beginning of the session, rising by more than 1%, with the AI hardware sector leading the market.
                        
09:39

                            A-share AI hardware stocks collectively strengthened at the opening, with Zhongji Xuchuan, Xinyi Sheng, Dongshan Precision, Shenghong Technology, and Shanghai Electric all setting new historical highs, followed by Liant Technology, Tianfu Communication, and Taichen Optoelectronics.
                        
09:35

                            AI hardware stocks opened strong, with Zhongji Xuchuan and other stocks hitting record highs
                        
                            AI hardware stocks collectively strengthened at the opening, with Zhongji Xuchuan, Xinyi Sheng, Dongshan Precision, Shenghong Technology, and Shanghai Electric all setting new historical highs, followed by Liant Technology, Tianfu Communication, and Taichen Optoelectronics.
                        
07:53

                            Samsung Electronics: Wafer foundry was affected by the supply of advanced AI chip inventory in the second quarter.
                        
05:36

                            Meta Platforms (META.O) CFO: Nearly 2 million advertisers are now using the generative AI-driven creative tools in Meta's Advantage+ creative suite.
                        
05:14

                            Meta Platforms CEO Zuckerberg: Meta Platforms (META.O)'s AI has more than 1 billion monthly active users.
                        
04:54

                            Meta's third-quarter revenue outlook exceeded expectations and is expected to support aggressive AI investment.
                        
                            Meta Platforms announced a stronger-than-expected third-quarter revenue outlook, with its core advertising business still growing strongly, enough to support the company's aggressive investment in artificial intelligence (AI). Meta said in a statement on Wednesday that it expects revenue for the current quarter to be between $47.5 billion and $50.5 billion. The median of the range is higher than the average analyst estimate of $46.2 billion, according to data compiled by institutions. Meta also raised the lower end of its capital expenditure forecast range for fiscal 2025, increasing investment in talent, infrastructure, data centers and energy to remain competitive in the rapidly developing AI race. Meta currently expects full-year capital expenditures to be between $66 billion and $72 billion, an increase from its previous forecast of $64 billion to $72 billion.
                        
03:35

                            Scale AI competitor Surge AI is in talks to raise funds at a $25 billion valuation. Surge AI's revenue is projected to reach $1.2 billion in 2024, surpassing Scale AI. According to people familiar with the matter, the company's investors include A16Z and Warburg Pincus.

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