10月6日，AMD股价盘前暴涨超37%。据最新消息，AMD与OpenAI达成为期四年的协议，将向OpenAI提供数十万块人工智能芯片，并给予OpenAI持股多 达10%的选择权。 此外，认股权证的归属条件还与AMD的股价目标、以及OpenAI在技术与商业化里程碑的达成挂钩。如果OpenAI行使全部认股权证，将可以获得AMD约 10%的股权。 这笔交易预计将为AMD带来数百亿美元的收入，或标志着AMD在利润丰厚的AI加速器市场向行业领导者英伟达发起了迄今为止最猛烈的挑战。 值得一提的是，就在OpenAI宣布投资AMD前不久，英伟达宣布投资OpenAI最高1000亿美元。 北京时间9月23日凌晨，英伟达在官方网站宣布，将与OpenAI达成"具有里程碑意义的人工智能基础设施合作伙伴关系"，该计划将通过由数百万个英伟达 GPU提供支持的数千兆瓦（GW）数据中心来扩展OpenAI的算力。英伟达还计划逐步投资最高1000亿美元给OpenAI，具体金额将根据每千兆瓦的部署进 度落实。 "除了英伟达之外，没有任何合作伙伴能够以这种规模、以这种速度做到这一点。"OpenAI联合创始人兼首席执行官山姆・奥特曼（Sam Altma ...

10月6日，旧金山，一场大戏即将上演。 主角是OpenAI，但这次的焦点，可能不只是代码和模型。 超过1500名开发者将涌入会场，参加这家公司的第三届年度开发者大会。 所有人的期待都写在脸上，从CEO山姆·阿尔特曼的主题演讲，到他与苹果那位传奇设计师Jony Ive的压轴对话。 另一张王牌，可能是传闻已久的AI浏览器。 这东西要是真做出来，就是要直接跟谷歌的Chrome浏览器抢饭碗，彻底改变我们上网找东西、跟信息互动的方式。 当然，老本行也不能丢。面对谷歌和Anthropic这些对手的步步紧逼，OpenAI很可能会甩出一个性能更强的新模型，顺便再给API降个价，好把开发者们更 牢地绑在自己的战车上。 所有目光都死死盯住一个传闻：OpenAI和Jony Ive联手打造的第一款AI硬件。 自去年传出合作消息，市场就在猜测这会是个什么东西。它可能不是我们熟悉的手机或智能音箱，而是一种全新的玩意儿。 这个产品的设计、功能和玩法，将直接向苹果和谷歌这些硬件巨头发起挑战。 科技圈的热闹之外，全球金融市场也在屏息以待。 目光转回华盛顿。10月9日，美联储要公布一份文件，一份九月份议息会议的"会议纪要"。 那次会后，市场有点 ...

尽管仍是一家非上市公司，但OpenAI在公开市场上的影响力正变得不容忽视，其一举一动都足以引发 相关股票的剧烈波动。 "软件和互联网投资者正密切关注OpenAI的下一步走向及其可能带来的颠覆性。" 管理着约105亿美元资产的Ingalls & Snyder高级投资组合策略师Tim Ghriskey表示： "尽管我们无法直接投资OpenAI，但这仍可能是一个重要事件。我们从中获得的任何关于其 计划或产品的信息，都将帮助投资者评估整个行业格局。" 他补充说，这次大会或许能让市场看清，哪些被视为面临风险的公司并非岌岌可危，或者揭示下一个 AI投资风口。 该公司上周推出ChatGPT即时购买功能后，电商股Shopify和Etsy股价飙升，随后一篇内部工具博客文章 又令软件股大跌。这种通常只有苹果或英伟达等巨头才具备的市场影响力，凸显了OpenAI在各类股票 中日益上升的重要性。 OpenAI周一举行的第三届年度开发者大会成为交易员关注焦点。分析师预计，该公司可能推出更强大 的消费级AI代理和AI浏览器等产品。投资者将从中寻找有关OpenAI未来扩张计划的线索，这可能引发 新一轮股价波动。 瑞银分析师Karl Keir ...

| 时间 | | 内容 | 预期 前值 | | | --- | --- | --- | --- | --- | | 10月6日 周一 | | | | | | 数据 | | 元 | | | | 事件 | 待定 | OpenAl将在旧金山举行2025年开发者大会 | | | | 17:30 | | 诺贝尔生理学或医学奖获奖人选公布 | | | | 10月7日 周二 | | | | | | 数据 | 待定 | 中国 9月外汇储备(亿美元) | | 33221 | | 01:00 | 待定 | 欧洲央行行长拉加德在欧洲议会经济暨货币事务委员会 (ECON)做介绍性陈述 英国央行行长贝利发表演讲 | | | | 事件 | 待定 | 美联储理事斯蒂芬·米兰在MFA 2025年政策展望会议上发 表讲话 | | | | 17:45 | | 诺贝尔物理学奖获奖人选公布 | | | | | | 2027年FOMC票委、亚特兰大联储主席博斯蒂克就经济前 | | | | 22:00 | | 景发表讲话 | | | | 10月8日 周三 | | | | | | 数据 | | 元 | | | | 事件 | 17:45 | 诺贝尔化学奖获 ...

见闻财经日历 WSCN Economic Calendar W 华尔街见闻 | 时间 | | 内容 预期 前值 | | --- | --- | --- | | 10月6日 周一 | | | | 数据 | | 元 | | 事件 | 待定 | OpenAl将在旧金山举行2025年开发者大会 | | 17:30 | | 诺贝尔生理学或医学奖获奖人选公布 | | 10月7日 周二 | | | | 数据 | 待定 | 中国 9月外汇储备(亿美元) 33221 | | 01:00 | | 欧洲央行行长拉加德在欧洲议会经济暨货币事务委员会 (ECON)做介绍性陈述 | | 待定 | | 英国央行行长贝利发表演讲 | | 事件 | 待定 | 美联储理事斯蒂芬 ·米兰在MFA 2025年政策展望会议上发 | | | | 表讲话 | | 17:45 | | 诺贝尔物理学奖获奖人选公布 | | 22:00 | | 2027年FOMC票委、亚特兰大联储主席博斯蒂克就经济前 景发表讲话 | | 10月8日 周三 | | | | 数据 | | 元 | | 事件 | 17:45 | 诺贝尔化学奖获奖人选公布 | | 10月9日 周四 | ...

Core Insights - OpenAI is set to host a developer day on October 6, where it is expected to launch new consumer-level AI products, potentially including an AI browser to challenge Google Chrome's dominance [1] - UBS forecasts that OpenAI aims to significantly increase its revenue from the current $13 billion to $200 billion by 2030, necessitating the development of new growth engines beyond its core ChatGPT business [1][2] - The user base of ChatGPT has grown to 700 million, a 250% increase year-over-year, with expectations to surpass 1 billion users by the end of the year [4] Revenue Streams - Approximately 80% of OpenAI's current revenue comes from its core ChatGPT subscription service [2] - OpenAI's API services are projected to generate around $2 billion in revenue by 2025, accounting for 15% of total revenue [10] - The company is exploring an advertising revenue model, given that about 95% of its 700 million users are free users, which could incentivize upgrades to paid, ad-free versions [16][18] Product Developments - OpenAI is expected to focus on launching new consumer-level AI products, including a travel booking agent and enhancements to its Codex agent [12][11] - The company has already introduced two key products: an instant checkout feature in collaboration with Stripe and ChatGPT Pulse, a personalized AI agent [12] - An AI browser is anticipated to be part of OpenAI's product suite, aiming to compete directly with Google Chrome [13][15] Market Impact - OpenAI's expansion into consumer-level products is likely to impact existing players in the consumer internet space, such as Google and Meta, while benefiting infrastructure providers like Oracle [18] - The focus on consumer products may limit the impact on enterprise software stocks, although recent internal AI usage videos have negatively affected companies like DocuSign and HubSpot [19]

Core Insights - OpenAI is set to host a developer day on October 6, where it is expected to launch new consumer-level AI products, potentially including an AI browser to challenge Google Chrome's dominance [1][13] - UBS forecasts that OpenAI aims to significantly increase its revenue from the current $13 billion to $200 billion by 2030, necessitating the development of new growth engines beyond its core ChatGPT subscription service [1][2] - The user base of ChatGPT has grown to 700 million, a 250% increase year-over-year, with expectations to surpass 1 billion users by the end of the year [5] Revenue and Growth Projections - Approximately 80% of OpenAI's current revenue comes from its core ChatGPT subscription service, with projections indicating a revenue of $4.3 billion in the first half of 2025, positioning the company to reach a target of $13 billion for that year [2] - OpenAI's API services are expected to generate around $2 billion in revenue by 2025, accounting for 15% of total revenue, although the company is inclined towards developing its own products rather than relying on third-party API integrations [10] Product Developments - OpenAI is anticipated to focus on launching new consumer-level AI products, including a travel booking agent and enhancements to its Codex agent [12][11] - The company has already introduced two key features: an instant checkout function in collaboration with Stripe and ChatGPT Pulse, a personalized AI agent [12] Competitive Landscape - The potential launch of an AI browser by OpenAI could disrupt the current browser market dominated by Google Chrome, with the aim of aggregating user data and enhancing product integration [13][16] - OpenAI's expansion into consumer products is expected to directly impact existing players in the consumer internet space, such as Google and Meta, while also intensifying competition with Microsoft in key AI application areas [17][18] Advertising Revenue Potential - There is speculation that OpenAI will eventually introduce an advertising revenue model, leveraging its large user base, where approximately 95% are free users [17] - The introduction of new products is likely to benefit infrastructure providers like Microsoft Azure and Oracle, as higher computational demands will drive investment in cloud services [18]

【#周鸿祎称大模型不是越大越好#】今日，罗永浩与周鸿祎深度对谈。在谈及"在全职全能的模型出现 之后，产品经理还有没有意义"时，罗永浩表示，具体要看如何定义"全职全能"。如果大模型所有方面 的能力都比人类强，那可能没有必要了。但是那个点来临之前，产品经理是永远有用的。 周鸿祎表示赞同。他举例到，"如果去问任何一个大模型，航空发动机怎么造，航母怎么做？它肯定回 答不出来。甚至让它写个AI浏览器或一套杀毒软件，它肯定做不出来。因为太多的专业知识不全是在 互联网都能找到的，而是很多专家，很多企业的内部知识。" 所以，周鸿祎指出，大模型和智能体最终都要能够本地化、专业化，才能和业务结合。 他还提到，大模型刚出来的时候，大家觉得应该越大越好。但现在发现"大"和"有能力"并不完全成正 比。实际上很多模型很小但能力很强。（新浪科技）#周鸿祎称不可能所有人都喜欢你##周鸿祎回应别 人误解自己不务正业# ...

9月24日下午消息，今日，罗永浩与周鸿祎深度对谈。在谈及"在全职全能的模型出现之后，产品经理还 有没有意义"时，罗永浩表示，具体要看如何定义"全职全能"。如果大模型所有方面的能力都比人类 强，那可能没有必要了。但是那个点来临之前，产品经理是永远有用的。 周鸿祎表示赞同。他举例到，"如果去问任何一个大模型，航空发动机怎么造，航母怎么做？它肯定回 答不出来。甚至让它写个AI浏览器或一套杀毒软件，它肯定做不出来。因为太多的专业知识不全是在 互联网都能找到的，而是很多专家，很多企业的内部知识。" 他还提到，大模型刚出来的时候，大家觉得应该越大越好。但现在发现"大"和"有能力"并不完全成正 比。实际上很多模型很小但能力很强。 责任编辑：李昂 所以，周鸿祎指出，大模型和智能体最终都要能够本地化、专业化，才能和业务结合。 ...

Core Insights - The report from CITIC Securities indicates that overseas AI applications are accelerating as of July 2025, with significant growth in token processing volumes and annual recurring revenue (ARR) for top AI applications [1] Group 1: Token Processing Volumes - Google's token processing volume reached 980 trillion in July, doubling compared to May [1] - Microsoft's Azure AI Foundry saw a token processing volume of 310 trillion in Q2, representing a quarter-over-quarter growth of 210% [1] Group 2: Annual Recurring Revenue (ARR) - The total ARR for the top 100 AI applications overseas reached $39.3 billion in July, marking a 17.3% increase from May [1] Group 3: Application Trends - AI Coding and multimodal applications remain the hottest areas, with products like Lovable, Replit, Pixverse, and Nano Banana gaining traction [1] - The potential of AI browsers and emotional companion applications, which are being continuously developed by major players, is noteworthy [1]