Over the past 24 hours, money and infrastructure news dominated: financing, IPOs, compute centers, optical modules and memory price hikes all moved at once, while open-source model racing continued. Here is today’s briefing.
1. Today’s Highlights
Meta eyes up to $95B equity raise：Funding AI infrastructure and superintelligence pushes; 2026 capex seen at $135B, with Nvidia, AMD and Broadcom each interested in up to $5B of shares（来源：Sina, Wallstreetcn）
Yunnan’s first county-level petaflop center：Compute infrastructure sinks further into prefecture and county level（来源：Seedao News）
Alibaba Cloud HPN wins CCF award：The high-performance network for AI data centers takes a first-class CCF Science & Technology Award（来源：Xinhua）
Enflame lists on the STAR Market：The DSA-architecture AI chip maker goes public, widening exit lanes for compute VCs（来源：Cailian Press）
800G optical modules drive Eoptolink growth：Q3 output grew QoQ; 800G shipments confirm cluster-build momentum（来源：Guandian）
Tang Jie’s paper reveals multimodal internals：The paper details a next-gen multimodal architecture; a new GLM looms（来源：36Kr）
Haidian releases 3T-scale open model：Per Sohu, the model keeps the open-source camp’s scale lead（来源：Sohu）
Survey says 79% of firms use under half their GPUs：Idle capacity contrasts with the buying boom（来源：Wallstreetcn）
Anthropic donates Agent Skills standard to Linux Foundation：Agent skill interfaces move to open governance（来源：SanYi Life）
Samsung Q3 profit soars 8x：The memory upcycle shows up in earnings; Korean memory giants report this week（来源：Securities Star）
Inference startup Qujing Tech raises over RMB 1.3B Series B：Capital keeps betting on inference-side “quality token” delivery（来源：Sina, Zero2IPO）
2. One-Line Takeaway
Capital is flowing up (equity raises, IPOs, Series B) while hardware settles down (county compute, 800G volumes, utilization doubts) — the bubble debate and real deployment run in parallel, and memory/optics earnings remind us the bottleneck this cycle isn’t only GPUs. (Compiled from public sources; details subject to original reports.)