Author: qinbafrank

There will be no more "Mag7"; now it's FAB10, AI Big10, and MANGOS. SpaceX has successfully gone public, and Authoropic and OpenAI are following closely behind. The capital feast is also changing the power landscape of the technology industry. When the original Mag7 could no longer cover the most cutting-edge technology companies, new terms were born.

The three most talked-about emerging technology leaders in the market are: FAB 10, AI Big 10, and MANGOS. This is not just a game of acronyms, but also represents three completely different investment logics and industry visions.

1. The "FAB 10" list , proposed by the renowned research institution Vanda Research , is officially titled "Top 10 AI and Big Tech Giants." The core of this list lies in the dual protection of "moats" and "growth engines."

2. Bank of America, on the other hand, chose a more pragmatic approach. Back in May, they updated their list, introducing the "AI Big 10" :

Bank of America is focusing its attention on "AI infrastructure," with these ten companies accounting for 40% of the S&P 500 index weighting.

3. MANGOS is the topic that is most talked about online, and the market's attention is extremely focused on "Artificial General Intelligence (AGI)" and "Interstellar Expansion" .

This is not just a game of abbreviations; it reflects a fundamental shift in the underlying logic of global technology investment. Market listings are bidding farewell to the era of traffic dividends from internet/mobile internet platforms over the past decade and are now truly entering a new technology industry landscape dominated by cutting-edge AI, space infrastructure, and computing networks (infrastructure).