以下文章来源于科创板日报 ，作者刘蕊 科创板日报 . 专注科创板和科技创新，上海报业集团主管主办，界面财联社出品。 美东时间周六（11月1日），OpenAI首席执行官萨姆· 奥尔特曼 （Sam Altman）在一起播客节目中，反呛了外界有关OpenAI公司财务状况的批评。 他明确表示，公司的营收"远远超过"130亿美元，并且还在快速增长。 他还语气激烈地反击称，怀疑者完全可以抛售他们的股票——他肯定能找到买家。他甚至表示，他巴不得让批评者们赶紧对OpenAI下注做 空——不过目前这只是假设，因为该公司尚未上市，首次公开募股（IPO）仍遥遥无期。 "我很少希望自己成为一家上市公司，但有那么一次，我真的希望我们是家上市公司，那就是当那些人写那些荒谬的报道说 OpenAI 即将倒闭的时候。我很乐意告诉他们，他们可以赶紧做空这只股票，我也很乐意看到他们因此遭受损失。" 奥尔特曼 直 言。 奥尔特曼 表示，到目前为止，OpenAI的迅猛发展得益于其人工智能产品和服务的需求强劲，但要实现未来的目标，则需要达到前所未有的 业务扩张速度。 因此， 该公司正着眼于从人工智能云基础设施、专有设备以及自动化科学研究等方面获取新的收 ...

图片来源：Unsplash 一份本周突然曝光的法庭证词，炸出了OpenAI权力斗争中最隐秘的角落。 在10月1日旧金山的一次长达10小时的访谈中，苏茨克沃接受了马斯克与OpenAI律师的联合质询，内容涉及阿尔特曼被解雇的细节、他对 AGI 的观点，以 及他离开公司的真正原因。证词中的关键词——"说谎成性"——成为外界关注的焦点。 苏茨克沃透露，ChatGPT爆红后的一年内，OpenAI内部高层的关系急剧恶化，不信任与敌意蔓延。ChatGPT不仅让公司一夜成名，更吸引了微软100亿美 元的巨额投资，也让OpenAI在商业化与使命之间的平衡愈发脆弱。 OpenAI 联合创始人、前首席科学家 Ilya Sutskever首次开口，承认在Sam Altman被董事会闪电罢免后，竞争对手Anthropic曾主动推进合并，其CEO Dario Amodei甚至可能入主OpenAI，成为OpenAI的新掌门人。 达里奥和他的妹妹 Daniela Amodei（丹妮拉）早在2020年就因理念分歧离开OpenAI——他们认为AI技术的进步速度与潜在风险需要更加谨慎的平衡。这 次证词，为外界提供了一个罕见的窗口：在那段权力动荡的 ...

Core Points - The public feud between Elon Musk and Sam Altman has escalated, with Musk accusing OpenAI of theft, which has intensified their ongoing dispute [1][2] - Altman defended OpenAI's structure, claiming it is essential for its success and emphasized his role in transforming it into a significant non-profit organization [2][3] - Musk's accusations included references to internal conflicts within OpenAI's leadership, highlighting divisions among executives and criticizing Altman's management style [3][4] Group 1 - Musk's accusation of theft against OpenAI was a response to Altman's cancellation of a Tesla order, reigniting tensions between the two [1][2] - Altman stated he helped turn OpenAI into what should be the largest non-profit ever, countering Musk's claims [2][3] - The feud has included discussions about Tesla's handling of Altman's Roadster order and refund issues, further complicating their relationship [4][5] Group 2 - Musk referenced a deposition in his lawsuit against OpenAI, which alleges that Altman created divisions among executives and failed to address leadership conflicts [3] - The ongoing public exchanges between Musk and Altman reflect a broader rivalry in Silicon Valley, with both figures holding significant influence in the tech industry [4]

Core Points - The ongoing feud between Elon Musk and Sam Altman highlights the tensions surrounding OpenAI's transition from a non-profit to a profit-driven organization, with Musk expressing dissatisfaction over the original vision of OpenAI being compromised [8][10][12]. Group 1: Background of the Dispute - Musk and Altman co-founded OpenAI in 2015, with Musk emphasizing the need for a non-profit to counteract Google's dominance in AI [11]. - Musk left the board in 2018, citing potential conflicts of interest with Tesla, and subsequently withdrew promised funding, leading to financial difficulties for OpenAI [11][12]. - Musk has repeatedly criticized OpenAI for deviating from its original mission, claiming it has become a profit-oriented entity under Microsoft's influence [12][13]. Group 2: Recent Developments - Musk's recent public statements and social media posts indicate his ongoing frustration with OpenAI's direction, suggesting it has transformed into a "closed, profit-driven" organization [10][13]. - The feud escalated with Musk's legal actions against OpenAI, accusing it of betraying its founding principles and seeking to regain control over the organization [15][16]. - Altman has responded to Musk's criticisms, acknowledging Musk's contributions while asserting that the current direction of OpenAI is necessary for its success [13][14]. Group 3: Financial and Operational Implications - Musk's departure from OpenAI and subsequent criticisms have raised questions about the governance and operational strategies of both OpenAI and Tesla, particularly regarding talent acquisition and resource allocation [12][19]. - The legal battles and public disputes may impact investor confidence and the strategic partnerships that both Musk's ventures and OpenAI are pursuing [15][16].

Core Insights - OpenAI has become a significant player in the AI industry, with a valuation reaching $500 billion, despite not yet being profitable and generating only $13 billion in revenue this year [3][4]. - There are concerns about OpenAI's potential failure and its systemic risk to the U.S. economy, particularly if the expectations surrounding its AI capabilities do not materialize [2][9]. - The company is seen as a pivotal entity in the tech sector, with its influence likened to that of major corporations during past economic crises [2][7]. Company Overview - OpenAI's current valuation of $500 billion coincides with U.S. government efforts to promote AI development as a means to invigorate the economy [3]. - The company was initially founded as a non-profit in 2015 and has since evolved into a major player in the tech industry [3]. - OpenAI's CEO, Sam Altman, envisions that general artificial intelligence (AGI) could be crucial for solving significant global challenges, including cancer treatment [6]. Financial Structure and Market Position - OpenAI has undergone restructuring to simplify its corporate structure, facilitating private investment and potential plans for an initial public offering (IPO) valued at $1 trillion [5]. - Microsoft holds a 27% stake in OpenAI, and the partnership has contributed to significant market valuations for both companies [7][8]. - OpenAI's collaborations with tech giants like Nvidia and Oracle are seen as strategic moves to leverage high valuations for acquiring essential assets [8]. Industry Impact and Future Outlook - The AI sector is viewed as underestimating the potential of AI technologies, with calls for increased investment to match the anticipated advancements [8][9]. - Some industry leaders express optimism about the exponential capabilities that AI investments could unlock, potentially transforming various sectors [9]. - However, there are contrasting views that liken OpenAI's situation to historical economic bubbles, raising concerns about its long-term sustainability [9][10].

聊着育儿经、下注 1.4 万亿、揭秘新协议、规划 AGI……全球最强 AI 搭档的炉边谈话泄露了什么？ 出品丨AI 科技大本营（ID：rgznai100） 来 源 | youtu.be/Gnl833wXRz0 今天外网最火的播客，毫无疑问是 Brad Gerstner 的 BG2 频道，能把萨提亚·纳德拉（Satya Nadella）和萨姆·奥特曼（Sam Altman）同时请来，坐 在一起聊一个小时，这事儿本身就挺不简单的。 这两个人，大家都不陌生。一个是微软的 CEO，一个是 OpenAI 的 CEO。平时看他们各自的采访，他们俩分开聊，我们都听得多了。 但坐在一起聊，感觉就不一样了。他们是 当今科技界最重要、最复杂、也最被外界议论纷纷的合作关系里的两个核心人物。 难得 同 框对话，说的每一 句话，甚至每一个表情，都值得玩味。 这场信息量爆炸的对话，开场却格外"柔软"。主持人没问什么 AGI、万亿参数模型，而是先关心起了萨姆刚出生的宝宝。不管你在外面掌管着多大的商 业帝国，搅动着多大的技术风云，回到最基本的生活层面，大家面对的喜悦和烦恼，其实都差不多。 这种充满生活气息的开场，让后面的"硬核"内容显得更加 ...

从人形机器人到AI Agent，从生成式内容到商业航天，技术浪潮的迭代让创新门槛迅速抬高。 过去三个月里，松延动力完成近3亿元Pre-B轮融资，LiblibAI宣布获1.3亿美元B轮融资，字节系前高管 廖谦创立的新公司也在成立半个月内拿下硅谷基金与百度风投的投资；与此同时，蓝箭航天、天兵科 技、星河动力等六家企业集中启动IPO辅导。资本的焦点再次指向那些具备技术壁垒与自我造血能力的 公司。 "资金正在加速流向头部项目。"在HICOOL 2025全球创业者峰会期间与梅花创投创始合伙人吴世春交流 时，他表示中国创业数量整体下降，但质量显著提升，传统行业面临通缩压力，而具身智能、AI、商 业航天、新能源等新质生产力赛道依然炙热。创业者从"凭热情上场"转向"凭积累出发"，科学家团队、 硬科技创业者、跨界企业家成为新主力。 在AI赛道上，大模型竞争已经收敛于少数巨头，创业窗口正转向应用层。吴世春强调，AI Agent能否跑 出来，关键在于能否实现可验证的商业化结果。"真正好的产品，不是展示概念，而是让用户愿意付 费。"在他看来，AI硬件与软件的融合正成为新趋势——从具身智能机器人到AI摄像云台，AI必须成为 提升体验、 ...

Group 1 - The AI application sector continues to show positive momentum, with the Xinchuang ETF (562030) experiencing a price increase of 0.35%, indicating a bullish trend over the past nine trading days, with six days of gains [1] - Key stocks within the ETF, such as Xinghuan Technology and 360, have seen significant price increases, with gains exceeding 7% and 6% respectively [1] - The report from QuestMobile indicates that the number of monthly active users for AI applications on mobile devices in China has surpassed 700 million, reaching 729 million by September 2025 [3] Group 2 - The Xinchuang industry is transitioning from being policy-driven to a dual-driven model of policy and market, with significant growth expected in the market size, projected to reach over 2.6 trillion yuan by 2026 [4] - The Xinchuang ETF tracks the Zhongzheng Xinchuang Index, which encompasses core segments of the Xinchuang industry, including hardware, software, and information security, highlighting its high growth and elasticity characteristics [7] - The investment logic for the Xinchuang industry includes geopolitical factors, increased local debt efforts, technological breakthroughs by domestic manufacturers, and the critical timing of procurement standards [7]

归根结底还是电力缺口。 作者丨 蒲凡 来源丨 投中网 什么样的公司能够股价暴涨？ 即使你不是一位老股民，应该也能本着基础经济学常识给出答案，比如实现了重大技术突破、迎来了重大政策利好、拿到了震 撼行业的大合同、创造了超预期的业绩表现，进而让投资者集体"虎躯一震"。前不久的甲骨文就是个好例子，由于在 9 月 10 日公布的财报显示公司的未完成订单（即剩余履约义务，可以简单粗暴理解为计划内的远期收入）总规模达到了史无前例的 4550 亿美元，甲骨文股价盘中最高暴涨 42% ，让创始人拉里・埃里森（ Larry Ellison ）短暂地当了一把全球首富。 但最近，美股却诞生了一个极端反例。 这家公司至今收入为 0 ，也没有任何实际的商业落地场景，甚至成立 10 多年来一直 处于 " 技术转化阶段 " ，每年需要也纯粹的研发端投入超过 1 亿美元，却能够在 2025 年 10 月 20 日之前的 12 个月里 暴涨 900% ，市值一度突破了 230 亿美元（约合人民币 1635 亿） 。 这家公司叫做 Oklo ，一家由 OpenAI 创始人萨姆 · 奥特曼参与孵化的公司，目的是推进模块化小型核反应堆的研发和建 设 ...

特斯拉(TSLA.O)CEO马斯克与OpenAI联合创始人山姆·奥尔特曼（Sam Altman）之间的口水战在周末继 续升级。这两位科技巨头再次互相指责对方行为不道德。 起因是上周奥尔特曼发帖称，由于特斯拉Roadster多年未交付，他决定取消预订并申请退款。奥尔特曼 分享了一封2018年7月的邮件截图，确认他支付了4.5万美元，用于预订下一代特斯拉Roadster。另一张 截图显示，他后来要求退回5万美元，但邮件被退回，因为负责预订的邮箱地址似乎已经失效。 随后，马斯克在周六发帖回应道："你偷走了一个非营利组织。"此言直指OpenAI近期转为营利结构一 事。这一举动引发了包括马斯克在内的多方质疑，认为该公司已背离最初的使命。 针对奥尔特曼晒出特斯拉退款邮件出错的截图，马斯克回击说，奥尔特曼"故意省略"了特斯拉在24小时 内就已退款的事实，并讽刺道："这很符合你的本性。" 马斯克与奥尔特曼于2015年与伊利亚·苏茨克维尔（Ilya Sutskever）和格雷格·布罗克曼（Greg Brockman）共同创立了OpenAI，当时这是一家非营利性AI研究公司。但此后，两人的关系逐渐恶化， 在社交媒体与法律文件中多 ...