China Telecom has recently made an announcement stating that its Sichuan branch has successfully set up the province's inaugural 10Gbps home broadband service. This milestone achievement took place at Lanyuxi'an Community, nestled within Luhu Ecological City in the Tianfu New Area of Chengdu. This event signifies Sichuan's formal entry into the commercial phase of 10Gbps home broadband services. To put the speed into perspective, a 10Gbps optical network boasts a downlink speed that is tenfold that of a gigabit network. This means that downloading a 100GB 8K ultra-high-definition video would take just slightly over a minute.

On November 1, 2025, Wens Foodstuff Group Co., Ltd. and Huawei Technologies Co., Ltd. formally inked a strategic cooperation framework agreement. Under this agreement, the two entities are set to embark on comprehensive collaboration across four key domains: the establishment, management, and upkeep of the 'Wens Cloud'; the development of modern information infrastructure; digital energy initiatives; and collaborative software and hardware innovation. This partnership aims to propel the digital transformation within the breeding sector.

On October 30, Unigroup released its third-quarter financial report for 2025. The company has been consistently fortifying its "Computing Power × Connectivity" strategy, which has fueled substantial business expansion and underscored its technological prowess and preeminent market standing in the age of AI.

In the first nine months of the year, Unigroup's total revenue climbed to RMB 77.322 billion, marking a 31.41% increase compared to the same period last year. This impressive growth was largely propelled by the stellar performance of its key subsidiary, New H3C. New H3C's revenue for the first three quarters surged to RMB 59.623 billion, a 48.07% jump from the previous year. Specifically, its revenue from the domestic government and enterprise sector reached RMB 51.502 billion, up 62.55% year-on-year, while international business revenue soared to RMB 3.478 billion, an 83.99% increase over the same period last year. Moreover, New H3C's net profit for the first three quarters stood at RMB 2.529 billion, a 14.75% rise year-on-year, achieving a harmonious balance between growth and enhanced profitability.

Guided by its "AI in ALL" vision, Unigroup has deepened its comprehensive presence in the intelligent computing landscape, laying a robust groundwork for efficient, eco-friendly, and self-reliant computing power through "diversified computing capabilities." It capitalized on high-quality network connectivity to empower customers to attain peak intelligent computing efficiency. The company also proactively embraced the "AI+" movement, advancing its "AI for ALL" approach and expediting application rollouts via industry-specific intelligent agents. It forged replicable development blueprints in sectors such as government administration, manufacturing, and quality inspection.

Simultaneously, the company capitalized on opportunities arising from domestic industrial upgrades, refined industry-tailored solutions, secured pivotal projects from numerous leading clients, and actively engaged in the construction of intelligent computing centers across various regions. It aided several prestigious universities, Grade III Class A hospitals, and power generation firms in establishing intelligent computing infrastructure platforms.

To cater to the localized construction needs of government and enterprise users, the company bolstered its solution offerings, spanning from infrastructure to cloud platforms, and emerged as a pivotal partner for localized construction endeavors in the government and enterprise sectors. It also extended its services to multiple securities firms within the financial industry to construct localized infrastructure platforms.

On the international front, the company continued to make strides with strategic clients, deepened ecological partnerships, expanded its reach into small and medium-sized enterprises and niche market segments, and amplified its global brand influence.

On November 1, news emerged that the 2025 China 5G + Industrial Internet Conference is scheduled to be held in Wuhan, Hubei Province, from November 21 to 23. Under the theme of "Internet of Everything, Intelligent Navigation," this conference will encompass an opening ceremony, a keynote forum, thematic forums, parallel sessions, special events, and displays of cutting - edge innovative achievements. The event will place a strong emphasis on "serving and empowering industries." It will announce policies and unveil achievements pertinent to industrial development, delve into hot - button topics in industrial upgrading, present accomplishments across the entire industrial spectrum, and establish a platform for fostering collaboration between the industrial and financial sectors.

On October 31 local time, a subsidiary of DTE Energy signed a power supply and energy storage agreement with a subsidiary of Oracle to provide power services for Oracle's data center project located in southeastern Michigan, USA.

This week, the U.S. social media giant Meta signed three solar energy procurement agreements with a total capacity of nearly 1 gigawatt to power its data centers and AI operations. With this, Meta's total solar energy procurement for the year has exceeded 3 gigawatts. Due to its low cost and rapid construction, solar energy has become the preferred energy source for tech companies' data center expansions.

On Friday, Amazon's shares experienced their most significant single-day surge in nearly three years, propelled by double-digit growth in both its cloud computing and retail sectors. The company reported better-than-anticipated revenue and profit figures for the fifth consecutive quarter, with a notable 16% year-over-year increase in third-quarter profit. Analyst Ahan Vashi observed that Amazon effortlessly outperformed heightened expectations, with robust performances from both of its key business segments. Provided that the macroeconomic landscape remains robust, this growth trajectory is anticipated to persist. Investment firm Seaport Research elevated its target price, underscoring Amazon's immense growth potential in the AI-driven cloud computing arena. Wall Street analysts lauded its performance as "remarkable," with AWS (Amazon Web Services) leading the pack in growth rate and standing out as the sole hyperscale cloud provider unhindered by cloud computing capacity constraints. The retail division also showcased strong performance, with numerous revenue indicators surpassing forecasts. Despite a slight dip in the quarterly operating profit margin, this was primarily attributable to a $2.5 billion settlement provision. Excluding this one-time expense, the operating profit margin would have witnessed an expansion.

Kyland Technology has issued a public notice, stating its intention to purchase a full 100% stake in Gaowei Technology. The acquisition will be carried out by acquiring shares from 43 trading partners, among whom are Zhang Xun and Liu Xinping. The transaction will be executed through a combination of share issuance and cash payments. Furthermore, Kyland Technology plans to issue shares to a maximum of 35 specific investors to raise supplementary capital.

This strategic acquisition is primarily aimed at boosting the localization rate of core control technologies within the equipment manufacturing industry, with a particular focus on the high-end equipment manufacturing sector. It is expected to expedite the transformation and upgrading process of China's new industrialization landscape. Additionally, the move is designed to bridge the capability gaps that Kyland Technology currently faces in providing comprehensive solutions. By doing so, it will facilitate the company's transition from merely supplying products to offering complete solution packages and systematic service models.

This transaction is anticipated to constitute a significant asset restructuring event. Consequently, the company's stock is scheduled to resume trading on November 3, 2025.

According to the investor relations activity record released by Pingzhi Information, the company has successfully transitioned into the computing power business sector in recent years. Currently, the cumulative value of computing power business orders signed has exceeded 2.4 billion yuan, and the relevant computing power servers have completed delivery and deployment. Additionally, the company invested in Future Partner Robotics (Shenzhen) Co., Ltd. in October, acquiring a 40% stake. This company has now launched a series of intelligent robot products.

China Beetech Communication has announced that its current available computing power capacity has surpassed 15,000P (petaFLOPS), with a total of nine intelligent computing clusters now in operation. These clusters are primarily geared towards high-end computing tasks, with a strong emphasis on model training applications. The company has earmarked approximately 3 billion yuan for the construction of these intelligent computing clusters, drawing on a mix of funding sources, including partial self-financing and internally raised funds (which encompass financial leasing arrangements).

Beyond its computing endeavors, China Beetech Communication is also making significant strides in the new energy sector. The company's new energy business is centered around the production of high-capacity blade lithium batteries, which serve as power sources for commercial vehicles, including light and heavy trucks, as well as energy storage systems for large industrial and commercial users. In 2024, the company embarked on the construction of a cutting-edge new energy production line, which is slated to commence trial production in early 2025. As mass production ramps up and new energy commercial vehicles gain widespread acceptance, the new energy business is poised to emerge as a fresh revenue growth engine for China Beetech Communication.

According to the Aiqicha App, Hefei Linghan Technology Co., Ltd. has recently been officially established, with Sun Shufang serving as its legal representative and a registered capital of 1 million yuan. The company boasts a broad business scope, encompassing diverse areas such as engineering and technological research, computer system services, data processing, software development, the wholesale and retail of computer software, hardware, and auxiliary equipment, software sales, information system integration services, along with data processing and storage support services. Regarding its equity structure, the company is jointly owned by Anhui iFLYTEK Yunchuang Technology Co., Ltd., a subsidiary of iFLYTEK Co., Ltd., as well as Anhui Leyan Enterprise Management Partnership (Limited Partnership) and Anhui Dingli Enterprise Management Partnership (Limited Partnership).

On October 31, IDC released the report titled 'Tracking of China's Public Cloud Service Market (First Half of 2025)'. According to the report, in the second quarter of 2025, Alibaba Cloud's market share in China's public cloud Infrastructure as a Service (IaaS) sector rose to 26.8%, marking an increase for five consecutive quarters. During the same period, Huawei Cloud, China Telecom Cloud, China Mobile Cloud, and Tencent Cloud ranked second to fifth, with market shares of 12.9%, 12.3%, 9.4%, and 7.9%, respectively.

Recently, the Spatiotemporal Big Data and Intelligence Team from the School of Computer Science and Engineering (School of Cybersecurity) at the University of Electronic Science and Technology of China had three of their papers accepted by the IEEE International Conference on Data Engineering (ICDE2026), a leading conference in the database domain. The research spans topics such as next point-of-interest recommendation, semantic-aware publish/subscribe systems, and multi-dimensional point cloud data management. One of the papers introduces an efficient, model-agnostic continual learning framework named GIRAM. This framework boosts the model's ability to adapt to shifting interests through four key components. Experimental results demonstrate its superiority over existing methods in terms of both prediction accuracy and efficiency. Another paper presents a semantic-aware publish/subscribe framework called DISPS. This framework integrates a deep semantic embedding model with a collaborative hierarchical indexing structure, substantially enhancing the precision and robustness of topic matching. A third paper outlines a multi-dimensional point cloud data publish/subscribe system, PC-PS. This system guarantees low latency and dynamic updates in data-query matching by employing mechanisms such as constructing a reverse bounding box hierarchical index.

On October 31, 2025, the decline of computing power hardware stocks intensified during trading. Shenghong Technology, Taclink, and Dingtai Hi-Tech fell more than 10%, China Tungsten & Hightech slumped to its daily limit, and multiple stocks including Zhen Ding Technology fell over 7%.

On October 30, during a quarterly earnings call, Andy Jassy, the CEO of Amazon, disclosed that the company's most recent wave of layoffs would impact roughly 14,000 staff members. The primary objective is to overhaul the corporate culture and preserve the company's agility and dynamism. Jassy emphasized that the company's swift expansion in recent years has resulted in an overly complex organizational structure and reduced operational efficiency, thereby compromising employee autonomy. He clarified that these layoffs are not a response to financial constraints or an attempt to substitute human workers with artificial intelligence. Instead, the goal is to streamline the organizational hierarchy and revert to a flexible, startup-like environment.

Recently, Xiong'an Intelligent Computing Technology Co., Ltd. was officially established, with Zhao Longjun as its legal representative and a registered capital of 200 million yuan. The company's business scope is extensive, covering data processing and storage support services, industrial internet data services, big data services, and non-residential real estate leasing, among others. Shareholder information reveals that the company is wholly owned by China Xiong'an Group Digital City Technology Co., Ltd.

OpenAI, Oracle, and Related Digital have jointly declared their intention to construct a data - center park in Saline Township, Michigan, USA. This park will boast a capacity exceeding 1 gigawatt and is a key part of the 'Stargate' initiative. The primary objective of this initiative is to expand the capacity of AI infrastructure across the United States.

This data - center park is just one element of the previously unveiled 4.5 - gigawatt expansion plan. When aggregated with the planned capacities of other sites, the overall projected capacity will soar past 8 gigawatts. It is estimated that over the course of three years, the investment in this project will surpass 450 billion US dollars, which will bring it closer to the ultimate goals of 500 billion US dollars in investment and a capacity of 10 gigawatts.

Construction of the project is anticipated to kick off in early 2026. Once operational, it is expected to generate a significant number of job opportunities.

Piper Jaffray has revised upwards its target price for Amazon (AMZN.US), lifting it from $212 to $250. Meanwhile, another analyst projects that Amazon's target price will hover around $265 by the close of 2025, and UBS has established a target price of $279 for the company.

Amazon unveiled its financial results for the third quarter of 2025, showcasing a 12% rise in net sales, reaching $180.2 billion, alongside a net profit of $21.2 billion, which represents a 38.6% year-on-year surge. The company's flagship segment, Amazon Web Services (AWS), exhibited robust performance, with net sales climbing to $30.9 billion, marking a 20% increase from the previous year and the highest growth rate since 2022. This stellar performance propelled Amazon's stock price up by over 13% in after-hours trading.

Operating income for the quarter stood at $17.4 billion, on par with the same period in 2024. However, factoring out a $2.5 billion settlement fee and an anticipated $1.8 billion in severance payments, the adjusted operating income would have soared to $21.7 billion. Amazon is currently in the midst of an organizational reshuffle, which involves laying off 14,000 employees.

Furthermore, Amazon faced a hefty $1 billion fine and was ordered to refund $1.5 billion due to issues such as unauthorized enrollment of consumers in its Prime membership program.

As the fourth quarter heralds the peak retail season, Amazon reported an 11% year-on-year increase in global paid product sales during the third quarter. Over 1.3 million sellers leveraged generative artificial intelligence technology to publish product information. Additionally, Amazon plans to extend its third-party logistics offerings to platforms like SHEIN.

Cash capital expenditures for the third quarter amounted to $34.2 billion, bringing the year-to-date total to $89.9 billion, with the bulk of investments directed towards AWS. Looking ahead, Amazon projects cash capital expenditures for the entire year of 2025 to reach approximately $125 billion, with expectations of continued growth in 2026.

Amazon has conducted significant layoffs in its video game division, with its Irvine and San Diego offices, as well as its core publishing division, set to undergo 'major job cuts.' The company will also reduce investment in high-budget game projects, particularly in MMO game development. Amazon is now 'focusing on what Amazon does best' by increasing investment in its Luna cloud gaming service. The Montreal studio will continue developing 'March of Giants' while launching 'casual and AI-centric' games for Luna. External partner studios Crystal Dynamics and Maverick Games will respectively continue developing 'Tomb Raider' and racing games. Over the past decade, Amazon has failed to achieve significant breakthroughs in the gaming industry. This adjustment means it will gradually withdraw from in-depth online gaming layout (layout), with 'New World' halting content updates and servers operating until 2026. Recently, among Amazon's releases 'Court Chaos' and 'Meat Tycoon,' the latter received a lukewarm market response.