[Computers & Technology] Cloud and Applications: Closed Loop Accelerating Formation, AI Industry Chain Co-Prosperity, Low-Position Allocation Opportunity

English summary

### [Computers & Technology] Cloud and Applications: Closed Loop Accelerating Formation, AI Industry Chain Co-Prosperity, Low-Position Allocation Opportunity

Time: 2026-07-31 11:12:17

Content: # Cloud and application closed loop formed, currently ushering in a low-position allocation opportunity — Cloud vendors' revenue continues to accelerate, enterprise AI payments, Agent applications, and vertical industry commercialization have begun to land. The cloud and application sector is at a relatively low position overall, with marginal improvement in fundamentals, and has entered a stage worthy of key allocation.

# Cloud vendors' fundamentals continue to strengthen, AI commercialization closed loop accelerates formation — The latest financial reports of leading cloud vendors at home and abroad continue to verify the high prosperity of AI demand: Microsoft Azure's latest quarterly revenue grew 43% year-over-year, annual revenue exceeded $100 billion for the first time, and AI demand still significantly exceeds computing power supply; Microsoft 365 Copilot paid users exceeded 30 million seats, verifying that AI is gradually moving from infrastructure investment to cloud services, software subscriptions, and token consumption realization. ...