In early trading on December 21, 2023, the communication sector did not move well, and the Cloud Computing 50 ETF (516630) fell nearly 3After 5%, it is again ** nearly 05%, the holdings of stocks fell more and rose less, Runhe Software, Sinnet, State Grid Information and Communication, Digital Politics, Tors, Oriental Guoxin, etc. were among the top decliners. At present, the valuation of the underlying index of Cloud Computing 50 ETF (516630) has been low to the level of the beginning of this year, and the valuation bubble caused by the concept of speculation has been greatly digested through continuous **, and the further downside is limited.
On the news side, 1) Huawei and the Ministry of Digital Economy and Society of Thailand recently held the 2023 Huawei Cloud AI Summit in Thailand. The Pangu model of Thailand jointly created by it provides an AI large model with an accuracy that exceeds the traditional numerical method, which greatly improves the speed. 2) Google Research recently released a large language model (LLM) called VideoPoet, which aims to solve the current challenges in the field of generation. 3) Microsoft Copilot has partnered with Suino, an AI** creation platform, to launch a new feature that allows Copilot to automatically generate snippets of songs with instrumental music, lyrics, and singing simply by entering a short text description. Microsoft says that users don't need any production experience, they just need to have inspiration in their heads to create easily.
AI models at home and abroad continue to soar, the application of commercial AI products is accelerating, the demand for computing power remains high, the AI industry chain is ushering in a new stage of catalysis, and the superimposed policies to support the artificial intelligence industry chain are not reduced, and the prosperity of popular sectors such as AI applications, computing power leasing, and data elements covered by cloud computing 50 ETF (516630) and big data 50 ETF (516000) is expected to continue to rise.
The content and data are for reference only and do not constitute investment advice. AI technology strategy is provided for Youlian Cloud.