Technology · 10.3

Cloud Services & Data Centres

Quantified news impact based on deduplicated, quality-reviewed events in a single 7-day window.

Average net impact+19weighted per event

Average gross impact22absolute weighted average

Events34same period

Confidence79%model average

Raw intensity69before weighting

Previous period+19net impact

Gross change-11%

Diffusion speed4.9 / day

Concentration4%

Direction disagreement12%

Source independence95%19 sources

IMPACT TREND

7-day effective impact

Positive 30 · Negative 3 · Mixed 1

+420-42

28 Jul, 014 events

28 Jul, 155 events

+10

29 Jul, 052 events

-12

29 Jul, 192 events

+17

30 Jul, 097 events

+24

30 Jul, 234 events

+15

31 Jul, 132 events

+18

1 Aug, 032 events

1 Aug, 170 events

2 Aug, 070 events

+22

2 Aug, 212 events

+42

3 Aug, 114 events

Current periodPrevious period

TIME HORIZON

Impact duration

Immediate3%25 cumulative effective impact

Short term19%142 cumulative effective impact

Medium term68%506 cumulative effective impact

Long term10%72 cumulative effective impact

CO-IMPACT

Related industries

EVENT EVIDENCE

Events ranked by effective impact

Page 3 of 4 · 34 events

Macro5

Macro30 Jul, 02:00negative

Fed Holds Rates Steady in July as Dissent Intensifies; Three Officials Push for a Hike

The Federal Reserve kept the federal funds rate at 3.5% to 3.75% in July, but divisions erupted as three regional bank presidents dissented in favor of a quarter-point increase. The 9-3 vote, with opposition from Cleveland, Minneapolis and Dallas Fed chiefs, marked a sharp shift from June’s unanimous decision and represented the fifth consecutive pause. While some global tech firms reported solid second-quarter earnings, their share prices came under pressure and the US Treasury yield curve steepened. The central bank reiterated that inflation remains elevated, partly owing to shocks.

Effective: -14
Intensity: 60
Confidence: 70%
Horizon: Short term

Macro29 Jul, 14:30positive

China Q2 2026 Real GDP Growth 4.3%, Nominal GDP 5.9%, GDP Deflator Turns Positive at 1.5%

China's Q2 2026 macroeconomic data showed real GDP growth of 4.3% year-on-year, down from the first quarter. Nominal GDP growth accelerated to 5.9%, the highest quarterly rate in five years, while the GDP deflator turned positive at about 1.5% for the first time since Q2 2023. Export growth strengthened on resilient external demand and recovering shipments to the US, but fixed asset investment turned negative, consumption remained weak, and the property sector continued to contract.

Effective: +13
Intensity: 65
Confidence: 70%
Horizon: Medium term

Macro28 Jul, 06:55positive

29 Countries Sign Agreement to Establish World AI Cooperation Organization at 2026 Shanghai WAIC

At the 2026 Shanghai World Artificial Intelligence Conference, 29 countries signed an agreement to establish the World AI Cooperation Organization. China will export computing power, technology, and industry experience to help developing countries build data centers, communication networks, and other digital infrastructure. The cooperation covers Asia, Africa, and Latin America, focusing on talent training, infrastructure, technology exchange, and industrial applications.

Effective: +12
Intensity: 70
Confidence: 80%
Horizon: Medium term

Macro28 Jul, 08:00positive

2026 Lujiazui Forum Focuses on Finance-Tech Innovation; Tech SME Loan Balance 4.03 Trillion Yuan

The 2026 Lujiazui Forum focused on aligning financial services with technological innovation. By the end of the first quarter of 2026, 303,300 technology-oriented SMEs had obtained loans, a coverage rate of 50.4%. The outstanding loan balance in domestic and foreign currencies reached 4.03 trillion yuan, up 20.9% year on year.

Effective: +11
Intensity: 70
Confidence: 80%
Horizon: Medium term

Macro30 Jul, 15:08positive

China's 'Three New' Economy Value Added Hits 25.79 Trillion Yuan in 2025, Up 6.2%, Accounting for 18.39% of

In 2025, China's 'three new' economy generated a value added of 25.79 trillion yuan, up 6.2% year-on-year at current prices, representing 18.39% of gross domestic product. The growth rate exceeded the overall GDP growth by 2.2 percentage points, and the share rose by 0.38 percentage points from the previous year.

Effective: +9
Intensity: 45
Confidence: 65%
Horizon: Medium term

Industries3

Industries28 Jul, 04:49positive

SoftBank Group builds US AI data centre; OpenAI considers tenancy and negotiates $250 billion Nvidia credit

SoftBank Group is building a large-scale AI data centre in the US state of Ohio, with construction set to start this year as part of a $500 billion Japan–US investment. OpenAI is considering a tenancy and is in discussions with Nvidia for a credit guarantee of roughly $250 billion (¥40 trillion) to sign a lease and cover facility-construction debt. The guarantee would make it easier for the unprofitable, privately held AI company to access bank financing.

Effective: +19
Intensity: 92
Confidence: 88%
Horizon: Medium term

Industries30 Jul, 18:29positive

China Internet and Software Revenue Grows Steadily in First Half of 2026, Profit Growth Diverges

In the first half of 2026, China's internet and software sectors posted steady revenue growth but diverging profit trends. Internet business revenue reached 1,067.5 billion RMB, up 10.1% year-on-year, while profit surged 16.6% to 98.99 billion RMB. Software revenue rose 9.5% to 7,718.2 billion RMB, but profit growth slowed to 1.0% at 899.9 billion RMB. Software exports grew 11.4% to 33.79 billion USD. R&D spending in the internet sector increased 14.1% to 59.55 billion RMB.

Effective: +17
Intensity: 65
Confidence: 85%
Horizon: Short term

Industries28 Jul, 17:21negative

Hugging Face Image Models: 7 of 9 Generate Deepfake Non-Consensual Intimate Images, 73% of Requests Sexual

A report by AI Forensics found that 7 of the 9 most popular image-editing models on Hugging Face generated sexualized deepfake images when prompted to undress subjects. A honeypot space set up to track requests received over 1,000 prompts in a week, of which 73% were sexual, 83% aimed to undress people, and 95% of victims were female. Nearly 7% of sexualized requests targeted children. The platform lacks effective safeguards.

Effective: -6
Intensity: 45
Confidence: 70%
Horizon: Medium term

Companies2

Companies28 Jul, 15:29positive

Nvidia Signs Up to $50 Billion Data Center Lease, Deploying Hundreds of Thousands of GPUs in Texas

Nvidia has signed a lease for Hut 8's Beacon Point campus in Texas, with a 1-gigawatt capacity and hundreds of thousands of its GPUs. The 15-year base lease is valued at $19.6 billion, with a potential 30-year total of $50.2 billion if all renewal options are exercised. Nvidia's credit default swap spread widened amid reports of large financing deals. The company's unpaid data center lease payments reached $32.4 billion in its latest quarter, up from $7.4 billion in the same period of 2025.

Effective: +18
Intensity: 85
Confidence: 90%
Horizon: Medium term

Companies28 Jul, 17:40positive

Meta and BlackRock Form Joint Venture for $14 Billion Data Center Campus

Meta and BlackRock announced a joint venture to develop and operate a data center campus in El Paso, Texas, with development costs of about $14 billion. BlackRock-managed funds will hold 80% equity, Meta 20%. Meta will contribute about $2.3 billion in land and construction assets, while BlackRock will provide about $4.9 billion in cash. Meta will receive a one-time cash distribution of about $1 billion. The project is one of 28 data centers Meta operates or is building in the U. S. , part of its plan to invest $600 billion in data centers by 2028.

Effective: +10
Intensity: 60
Confidence: 80%
Horizon: Long term