别再只盯着 "新三样"，中国正在用一种看不见的商品，收割全球 AI 市场。OpenRouter 最新周度数据击 穿认知：全球前十模型总 Token 量 8.7 万亿，中国模型独占 5.3 万亿，市占率高达 61%。MiniMax M2.5 以 2.45 万亿登顶榜首，Kimi K2.5、智谱 GLM-5、DeepSeek V3.2 全线霸榜 —— 这不是偶然的技术突 围，是中国 AI 从 "跟跑" 到 "主导" 的历史性拐点。 2. 字节生态：弹性算力之王 一、叙事核心：Token = 数字电力，一场永不枯竭的出口革命 Token 不是代码，是AI 时代的通用货币，更是最纯粹的电力衍生品。一个美国开发者调用智谱 API，数 据跨洋抵达中国数据中心，GPU 燃烧中国电力完成推理，结果再传回北美。电力从未出境，价值却通 过 Token 完成跨境交付，成本结构里电力 + 算力占比超 70%。中国低成本绿电 + 规模化算力集群，正 把能源优势，转化为全球 AI 服务的定价权。 这是比传统出口更性感的商业模式：不用集装箱、不耗物流、零库存，一度电变成百倍价值的智能服 务，源源不断流向全球。当全球还在比拼硬件制造，中国已 ...

Core Insights - Shanghai-based AI startup Jiyue Xingchen is considering an IPO on the Hong Kong Stock Exchange, aiming to raise approximately $500 million (around 3.4 billion RMB) [1] - The company has developed a series of foundational models known as the Step series, recognized for their rapid development and strong multimodal capabilities [1][2] - Jiyue Xingchen has recently completed a B+ round of financing exceeding 5 billion RMB, marking the highest single financing record in the Chinese large model sector over the past 12 months [2] Company Overview - Jiyue Xingchen was founded in April 2023 and is led by a team of industry experts, including CEO Jiang Daxin, a former Microsoft global vice president, and chief scientist Zhang Xiangyu, a top AI algorithm scientist [1] - The company has released three generations of foundational large models, with Step 3 achieving industry-leading inference efficiency [2] Strategic Developments - In January 2024, Jiyue Xingchen appointed Yin Qi, chairman of Qianli Technology, as its chairman to oversee strategic direction and technology development [3] - The company is focusing on the "AI + terminal" strategy, with significant investments in automotive, mobile, and IoT applications, as well as collaborations in finance, content creation, and retail [4] Market Context - Jiyue Xingchen's potential IPO follows the recent listings of other large model companies, including Zhiyu Technology and MiniMax, positioning it to become the third large model company to go public in China [4]

Ark Invest’s decision to purchase Tempus AI stock comes after the company’s stock declined. On Wednesday, Tempus AI’s shares closed at $53.71, reflecting a 7.32% drop. This decline followed the company’s quarterly earnings report, which revealed losses of four cents per share, aligning with analyst expectations. Despite meeting estimates, the stock faced pressure.Ark Invest’s trade involved ARK Innovation ETF (BATS: ARKK) and ARK Genomic Revolution ETF (BATS:ARKG) purchasing 212,825 shares worth nearly $11. ...

Anthropic 昨天点名 DeepSeek、月之暗面、MiniMax 三家中国 AI 实验室「蒸馏」Claude 模型，全网炸 锅。 对于此事件，RLHF （基于人类反馈的强化学习）领域最知名的研究者之一，《RLHF》一书的作者 Nathan Lambert 指出，这件事没有人们想象的那么严重，但也没有那么简单。 他认为，中国 AI 公司的基础设施非常好，取得了很多创新，也在攻克各种技术难题，但它们取得这样 的结果，靠的并不是「走捷径」。 在讨论蒸馏这件事之前，先看看 Lambert 的话为什么值得听。 Nathan Lambert 是 Allen AI 研究所的科学家，博士毕业于加州大学伯克利分校，师从机器人领域的著名 学者 Pieter Abbeel。他并非 RLHF 技术的发明者，但他写的《RLHF》这本开源书籍，如今是 AI 从业者 理解大模型训练流程的标准参考材料之一。 和到处都是的 AI 网红不一样，他是真正上手训练过大模型的人。 在 Anthropic 博客发出的当天，Lambert 就发布了一篇详细分析文章《蒸馏对于中国大模型到底有多重 要？》。他的核心论点，和主流媒体的解读方向截然不同， ...

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard. Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences. At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000 ...

Group 1 - OpenAI has hired Ruoming Pang, a prominent AI researcher from Meta, who previously led Apple's models team [1] - The hiring of Ruoming Pang is part of OpenAI's strategy to enhance its research capabilities in artificial intelligence [1] - This move reflects the competitive landscape in the AI sector, where talent acquisition is crucial for innovation and development [1] Group 2 - Amazon's potential investment of up to $50 billion in OpenAI may hinge on the company's public offering or the achievement of artificial general intelligence (AGI) [1] - This investment strategy indicates Amazon's long-term commitment to the AI field and its interest in OpenAI's future developments [1] - The dependency on an IPO or AGI milestone highlights the significant expectations surrounding OpenAI's growth and technological advancements [1]

Core Insights - Generative AI is viewed as a transformative technology by Amazon's CEO Andy Jassy, indicating its potential to significantly enhance customer experiences across the company [1] - Elon Musk predicts that humanoid robots could create a market worth $250 trillion by 2040, representing a major shift in the global economy driven by AI innovation [2][3] - Major firms like PwC and McKinsey acknowledge the multi-trillion-dollar potential of AI, suggesting a broad consensus on its economic impact [3] Company and Industry Analysis - A breakthrough in AI technology is believed to be redefining work, learning, and creativity, leading to increased interest from hedge funds and top investors [4] - There is speculation about an under-owned company that may play a crucial role in the AI revolution, with its technology posing a threat to competitors [4][6] - Prominent figures in technology and investment, including Bill Gates and Warren Buffett, recognize AI as a significant technological advancement with the potential for substantial social benefits [8]

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard. Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences. At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000 ...

Core Insights - Generative AI is viewed as a transformative technology by Amazon's CEO Andy Jassy, indicating its potential to significantly enhance customer experiences across the company [1] - Elon Musk predicts that by 2040, humanoid robots could create a market worth $250 trillion, representing a major shift in the global economy driven by AI innovation [2][3] - Major firms like PwC and McKinsey acknowledge the multi-trillion-dollar potential of AI, suggesting a broad consensus on its economic impact [3] Company and Industry Analysis - A breakthrough in AI technology is believed to be redefining work, learning, and creativity, leading to increased interest from hedge funds and top investors [4] - There is speculation about an under-owned company that may play a crucial role in the AI revolution, with its technology posing a threat to competitors [4][6] - Prominent figures in technology and investment, including Bill Gates and Warren Buffett, recognize AI as a significant technological advancement with the potential for substantial social benefits [8] Market Dynamics - The AI ecosystem is expected to reshape how businesses, governments, and consumers operate, indicating a broad and profound impact on various sectors [2] - The investment landscape is becoming increasingly competitive, with major players like Tesla, Nvidia, Alphabet, and Microsoft being highlighted, while a smaller company is suggested to have a pivotal role in the ongoing AI transformation [6][7]

据报道，OpenAI聘请Meta公司的AI研究员庞若鸣，他曾是前苹果AI基础模型团队负责人。 （文章来源：第一财经） ...