图片来源：unsplash 在硅基文明的编年史中，2025年，AI芯片不再是孤立的硅片，而是一个主权与霸权的，生产永不停歇的货币替代品。 前不久，《时代》杂志年度人物出炉，授予了"人工智能设计师"（the architects of AI）群体。 封面上，英伟达CEO黄仁勋、AMD CEO苏姿丰、OpenAI CEO萨姆·奥尔特曼（Sam Altman）、诺奖得主同时也是谷歌DeepMind公司CEO的德米斯·哈萨比斯 （Demis Hassabis）、有"AI教母"之称、同时也是World Labs创始人的李飞飞，挤坐在一条空中横梁上，COS着1932年的著名照片《摩天大楼顶上的午餐》。 图片来自《时代》杂志官网 这张照片引发了巨大争议。不少观点认为，媒介视角已经从赞美普通劳动者到追捧亿万富翁，无异于在通胀高企，失业率攀升的当下，给大众补了几刀。 但也有人觉得，科技发展一向是精英引领，作为一份商业期刊，评选这些人成为年度人物是应有之义。 而更为促狭的解读是，这张封面，正是当前AI产业的现状——悬空而置、挤作一团。 这就像是一种隐喻，也像是对"AI泡沫论"的一种回响。但，投融资、产业的狂热，竞争的白热化，确是 ...

Core Viewpoint - The article discusses a significant shift in the AI trading landscape, primarily driven by Google's advancements in AI models and its challenge to Nvidia's dominance in the AI chip market [2][5][9]. Group 1: Market Reactions - Nvidia's stock experienced a sharp decline, dropping nearly 7% at one point during trading, and closing down 2.59% [4][5]. - In contrast, Google's stock rose over 3% initially and closed up 1.53%, reaching a market capitalization of $3.9 trillion [4][5]. - The overall US stock market saw gains, with the Dow Jones up 1.43%, S&P 500 up 0.91%, and Nasdaq up 0.67% [2]. Group 2: Google's AI Advancements - Google is negotiating with Meta to use its TPU chips in data centers, potentially capturing 10% of Nvidia's annual revenue, translating to billions in new income [5][6]. - The Gemini 3 model, trained on TPU chips, is reported to perform at or above the level of OpenAI's ChatGPT, prompting a reevaluation of the AI chip market [5][9]. Group 3: Competitive Landscape - Analysts suggest that Google's TPU, while less flexible than Nvidia's GPUs, has lower development costs and power consumption, positioning Google favorably in the AI chip market [7][9]. - Google's vertical integration and proprietary technology give it a competitive edge, with some analysts believing it could lead the AI sector [8][9]. Group 4: Future Implications - If Google's DeepMind and TPU sales were considered a separate entity, their value could approach $1 trillion, making it one of Alphabet's most valuable assets [9]. - Nvidia's CEO has taken steps to counter Google's advancements, including significant investments in companies that continue to use Nvidia's GPUs [9][10]. - The market is witnessing a shift towards ASIC chips, with Google leading this trend through its TPU offerings [10].