The re evaluation of ultra large CSP will also bring Neocloud, but there are also a few points to distinguish: 1. The core logic of the personally optimistic reassessment of CSP value is the significant change in deployment cost structure benefiting from open source models during the engineering stage of enterprise AI adoption in "segmented scenarios and multiple models". Which CSPs have the best personal confidence in early July? Here are the options: https://(x.com)/qinbufark/status/2074754779755295164? S=46&t=k6rimWSEbo2D2TXolYcM-A, we have come to chat about it; https://((x.com))/qinbafrank/status/2074754779755295164? s=46&t=k6rimWsEbo2D2tXolYcM-A 2. For Neocloud, the revaluation of the value of the super large CSP naturally led to the rise of Neocloud. The ROIC framework for pure computing rental in the afternoon's review of Da Mo is also very good. So the new cloud also benefits 3. The true value of CSP lies in becoming the 'AI operating system layer', which involves routing, caching, context compression, permissions, and auditing. Covering closed source APIs, open source model inference, vector databases, object storage, data warehousing, networking Kubernetes、MLOps、 Security, monitoring, agent runtime, GPU/TPU/ASIC leasing, enterprise privatization deployment. Basically, it is all cloud consumption after enterprise AI enters the production environment. So Neocloud, which purely rents out computing power, lacks the imagination of new cloud vendors who can further upgrade the intermediate layer of AI operating systems. To see which new cloud providers Kaishiq are upgrading from the "computing rental layer" to the "intermediate layer of AI operation and maintenance"; 4. Finally, it is important to closely monitor the debt issues of new cloud providers, as their cash flow capabilities are weaker and weaker compared to ultra large CSPs, and they may have greater flexibility during the valuation phase. However, in the event of market headwinds, new cloud providers also have poor resistance to downturns, making Neocloud more suitable for market fluctuations.