News

CITIC Securities research report points out that overseas AI applications will continue to accelerate in July 2025. On one hand, Google's token processing volume reached 98 trillion in July, doubling compared to May, while Microsoft's Azure AI Foundry's Q2 token processing volume reached 31 trillion, a month-on-month increase of 210%; on the other hand, driven by leading applications like ChatGPT and Claude, the total annual recurring revenue (ARR) of the top 100 overseas AI applications reached USD 39.3 billion in July, an increase of 17.3% compared to May, with revenue continuing to be realized. In terms of applications, AI coding and multimodal are still the hottest directions, with products like Lovable, Replit, Pixverse, and Nano Banana gradually gaining popularity. Additionally, the potential of AI browsers and emotional companionship applications, which are continuously being developed by major players, is worth paying attention to