The Zhitong Finance App learned that Fubo Group (03738) rose more than 6%. As of press release, it had risen 5.94% to HK$2.495, with a turnover of HK$35.3296 million.
According to news, recently, a subsidiary of Fubo Group signed a strategic partnership and commercial agreement with UNN, the national telecom network operator in Brunei to establish and operate an AI factory based on Nvidia's computing core to obtain 50MW of computing power (of which 25MW is used for subsequent expansion arrangements) to support the expansion of the DreamMaker platform and related services. Guosheng Securities believes that this cooperation provides computing power deployment conditions for DreamMaker to expand its service scale, and is expected to enhance the company's ability to meet the AI content generation needs of film and television studios, independent producers, and content creators. On this basis, the company is expected to further provide copyright protection and monetization services around the same customer and strengthen collaboration between content production and existing copyright businesses.
It is worth mentioning that Fubo Group's 26H1 value-added and other services achieved revenue of HK$1.09 billion, an increase of 29% over the previous year. The increase was mainly due to the increase in the supply of AI content, the development of element-level secondary creation, deepening cooperation with leading customers, and DreamMaker's first generation of AI-related revenue. Native AI content (such as AI skits) began to be incorporated into the Group's monetized asset management on a large scale at 26H1, and the process of confirming and commercializing related content continued to accelerate. The bank believes that large-scale production of new forms of content, such as AI skits, is expected to drive an increase in demand for services such as content recognition, copyright management, authorized division of accounts, and revenue settlement, and accelerate commercialization of related businesses.