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Applied Digital benefits from AI data center demand, a REIT shift, modular sites, hyperscaler deals, and a $1B NOI target.

2023年以来，生成式AI（GenAI）如同这一轮科技周期的“蒸汽机”，让全球企业陷入了兴奋与焦虑交织的“iPhone时刻”。然而，当大模型的浪潮拍打到工业领域的坚硬岩石上时，许多人发现：ChatGPT能写出优美的诗歌，却很难直接读懂一台离心机的震动曲线；它能通过图灵测试，却无法在复杂的EMS系统中准确判断光伏场站功率下降到底是因为天气原因还是逆变器的故障，抑或是组件应该清洗。

2023年以来，生成式AI（GenAI）如同这一轮科技周期的“蒸汽机”，让全球企业陷入了兴奋与焦虑交织的“iPhone时刻”。然而，当大模型的浪潮拍打到工业领域的坚硬岩石上时，许多人发现：ChatGPT能写出优美的诗歌，却很难直接读懂一台离心机的震动 ...