Outlook for the nine major trends of computing power development in 2024

Communication World Network News (CWW) Computing power facilities and industrial scale are growing rapidly, enabling remarkable results, computing power has become the main driving force of economic growth, and countries around the world continue to increase the layout of computing power infrastructure. The European Commission recently approved the State Assistance Plan for the Important European Common Interest —— Next Generation Cloud Infrastructure and Services, providing 1.2 billion euros in public funding to develop an interoperable and accessible European data processing ecosystem. Morgan Stanley predicts that capital spending by the world's top 10 cloud computing service providers will reach $200 billion in 2024, with new investments focused on artificial intelligence. China's computing power infrastructure development is accelerating from "supply-side optimization" to "demand driven by intelligent computing", and the role of new drivers of economic development is becoming increasingly prominent. According to the data released by the Ministry of Industry and Information Technology and CCID, in 2022, China's high-performance computing power accounted for nearly 20%, and the large model triggered the exponential growth. In the first half of 2023, the smart computing facilities in China accounted for more than 50%, and the overall computing power scale reached 197EFLOPS, which is expected to drive the scale of China's computing power core industry to exceed 2 trillion yuan. From the perspective of the external environment of the information and communication industry, with favorable policies, strong demand and superimposed technological innovation, it is expected that the computing power industry with intelligent calculation as the core will still maintain a rapid growth trend in 2024, and nine overall new trends will appear. The market size is growing rapidly The application of ToB / C large model is accelerated, and the multi-modal large model evolves rapidly, further driving the strong development of the intelligent computing industry. In 2023, ChatGPT and other big language models have already triggered a "core grab war", and AI has spawned the explosive growth of the demand for computing power. In 2024, with the acceleration of large models penetrating into vertical industries and fields, GPT Store boosting the implementation of AI native applications, and the rapid development of multimodal models, the smart computing market will continue to maintain a high growth trend. In overseas markets, FactSet and Bloomberg forecast that the 2024 cloud business revenue and cloud infrastructure investment growth will reach 22.5% and 16.6%, a slight increase compared to 2023, and the overall is more optimistic. In China's market, according to the development goals of the Action Plan for High-quality Development of Computing Power Infrastructure jointly issued by the Ministry of Industry and Information Technology and other six departments, the compound growth rate of China's computing power scale from 2023 to 2025 is 18.5%, the new scale of computing power in 2024 will be close to 40EFLOPS, and the scale of computing power core industry is expected to exceed 2.4 trillion yuan. The formation of a new industrial pattern is accelerating AI computing power promotes the upgrading of IDC and cloud services, and boosts the new pattern of "three three three one" computing power service industry. In 2023, with a large number of GPU resources, the third-party computing power leasing providers specialized in computing power construction to leasing solution business will become the new force in the computing power service market and attract the favor and attention of the capital. The stock prices of listed companies such as Zhongbei Communications, ZhenTV and Lotus Health (as of December 27,2023) all increased by 100% or even more than 200%. In 2024, IDC service provider, cloud service provider and third-party computing power rent