Chii chaitika
Rhodium Group yakaburitsa chirevo ichiongorora mabatirwo emari evagadziri vanomwe veChinese AI, vanosanganisira DeepSeek, Moonshot AI, Z.ai, MiniMax, Alibaba, ByteDance, uye Kuaishou. Chirevo ichi chinofungidzira kuti makambani aya akagadzira mari yakabatanidzwa gore negore inodzokororwa (ARR) inosvika US$10.7 bhiriyoni pakati paKurume naNyamavhuvhu. Mukuenzanisa, OpenAI neAnthropic yakashuma yakasanganiswa ARR inodarika US$100 bhiriyoni panguva imwe cheteyo. Chirevo ichi chinoratidza kukosha kwakakosha-kune-mari kusiyana, tichiona kuti mafemu ekuChina akaita seDeepSeek neMoonshot ane kukosha-ku-ARR kuwanda kwe163x uye 50x, zvichiteerana, zvichienzaniswa ne34x yeOpenAI uye 21x yeZXQZAIU3QXX. Kunyange mihoro iri kukura nekukurumidza, neZ.ai ichishuma kuwedzera kwe400% gore-pa-gore, chirevo chinoratidza kuti nzira dzakavhurika-huremu dziri kukanganisa kuedza kuita mari kuvagadziri veChinese.
Rhodium Boka, kambani yekuUS-yakavakirwa kutsvagisa, yakaburitsa chirevo nemusi weChina ichitsanangura mametric emari evanomwe vakuru veAI vanogadzira AI. Ongororo iyi yakaverengera kuti makambani aya, anosanganisira DeepSeek, Moonshot AI, Z.ai, MiniMax, Alibaba Group Holding, ByteDance, neKuaishou Technology, akaburitsa mari yakabatanidzwa pagore inodzokororwa (ARR) inosvika US$10.7 bhiriyoni kubva munaKurume kusvika Nyamavhuvhu.
Huwandu uhu hunomiririra zvingangoita gumi muzana yeARR yakasanganiswa yakashumwa neOpenAI neAnthropic, iyo yakapfuura US$100 bhiriyoni panguva imwe cheteyo. Kunyanya, OpenAI yakasvika US$40 bhiriyoni muARR muna Nyamavhuvhu, ukuwo Anthropic yaive paUS$65 bhiriyoni muna Chikunguru. Pakati pevagadziri veChinese, ByteDance yakatungamira boka neUS $ 4 bhiriyoni muARR kubva muna Chikunguru, ichiteverwa neAlibaba paUS $ 2.4 bhiriyoni muna Nyamavhuvhu.
Chirevo chinoratidza musiyano wakakura mukukosheswa kune mari. Rhodium akacherekedza kuti kukosha-ku-ARR kuwanda kweDeepSeek uye Moonshot yakamira pa163 nguva uye makumi mashanu, zvichiteerana. Mukuenzanisa, OpenAI yakawanda yaive makumi matatu nemana nguva uye Anthropic yaive makumi maviri neina. Chirevo chakatsanangura kukosha kweChinese uku 'kuchikwirisa' maererano nemari dzavari kuwana, kunyangwe dzichiramba dzakadzikira zvakanyanya kupfuura vamwe vekuUS.
Kunyangwe paine gaka remari, makambani eChinese AI ari kusangana nekukurumidza. Z.ai yakashuma kuwedzera kwe400% gore negore kuwedzera kwehafu yekutanga kusvika ku953.9 miriyoni yuan, ukuwo mari yeMiniMax yakawedzera 283% kusvika US$116.6 miriyoni. Nekudaro, mukuru weMacquarie Group weAsia internet uye software yekutsvaga, Ellie Jiang, akaudza South China Morning Post kuti Z.ai neMiniMax inogona kuramba ichirasikirwa kusvika muna 2030 nekuda kwekudhura kwesimba rekombuta rinodiwa kuchengetedza kukwikwidza kwetekinoroji.
Nei zvichikosha
Chirevo ichi chinopa kongiri yemari bhenji yemamiriro emakwikwi pakati peUS neChinese AI maindasitiri. Inoburitsa pachena kuti kunyangwe kudyara zvine hukasha uye kukosha kwakanyanya, makambani eChinese AI parizvino ari kugadzira chikamu chemari yevamwe vavo vekuUS. Uyu mukaha unomutsa mibvunzo nezve kusimba kwekuyerwa kwazvino uye kushanda kweakavhurika-huremu nzira mukugadzira mari yakananga. Kune vanoisa mari nevanogadzira mitemo, nhamba idzi dzinopa mufananidzo wakajeka wezvehupfumi kuseri kwenhangemutange yetekinoroji, zvichiratidza kuti nepo maChinese mamodheru ari kudzikisa gaka rekuita, mabhizinesi emhando dzinovatsigira achiri kukura uye akatarisana nematambudziko akasiyana ekuita mari achienzaniswa neakavharwa-sosi, kunyoreswa-inorema modhi yeOpenAI uye Anthropic.
Chirevo ichi chinosimbisa dambudziko repakati kuChina AI indasitiri: kushandura tekinoroji parity kuita mabhizinesi akasimba emhando. Nepo vagadziri veChinese vakakurumidza kudzikisa gaka rekuita nevamwe vekuUS, mari yavo yekugadzira inosara kumashure zvakanyanya. Kusiyana uku kunoratidza kuti kutenderera kwazvino kwekudyara muChinese AI kunofambiswa zvakanyanya nehurongwa hwekumisikidza uye kutora chikamu chemusika pane kuita pundutso nekukurumidza.
Chinhu chakakosha chinonetsa kuita mari kutorwa kwakapararira kweakavhurika-sosi uye akavhurika-huremu modhi nevagadziri veChinese. Rhodium akacherekedza kuti zano iri rinoita kuti zviome kune vanogadzira vekutanga kutora mari, sezvo vechitatu-bato gore vanopa vanogona kuendesa aya mamodheru uye kutengesa kuwana pasina kubhadhara vagadziri. Izvi zvinomira zvakasiyana neyakavharwa-sosi, kunyoreswa-kwakavakirwa modhi yeOpenAI uye Anthropic, iyo inobvumira kutorwa kwemari yakananga.
Iyo data yezvemari inopa yakakosha bhenji kune vanoisa mari vanoongorora njodzi yeChinese AI stocks. Iko kukosha kwepamusoro-kune-mari yakawanda kunoratidza kuti vanoisa mari vari kuita mitengo mukukura kwakakosha mune ramangwana kana kukosha kwehurongwa izvo zvisati zvaratidzwa mumari yazvino. Izvi zvinogadzira njodzi inogona kuitika kana kukura kukadzikira kana mutengo wekuchengetedza hutungamiriri hwetekinoroji ukaramba uchipfuura kukura kwemari.
Chirevo ichi zvakare chinoratidza kushanduka kwemhando yeAI bhizinesi modhi, kunyanya zvine chekuita nekuvhurika huremu nzira. Sezvo mafemu eChinese akaita seMoonshot neAlibaba anosundira zvibvumirano zvekugova mari nevashandisi vakuru, indasitiri inogona kuona shanduko mumabatiro akavhurika-sosi AI inoitwa mari. Izvi zvinogona kuve nezvakawanda zvinokonzeresa kumusika wepasi rose weAI, zvichikonzera kuti vamwe vanogadzira vanosvika sei kuvhura-huremu kuburitswa.
Interactive Mechanism: Iyo Inonyatsoshanda
Ongorora ari pasi tekinoroji kuseri kwekusimudzira uku uchipindirana.
Which component of an AI application is the machine-learning model itself?
Zvekutarisa zvinotevera
Vagadziri vemari vanofanirwa kutarisa kuti makambani eChinese AI anogona kubudirira kuita zvibvumirano zvekugovanisa mari kune avo akavhurika huremu modhi, sezvakakurukurwa naRhodium. Pamusoro pezvo, iyo iri kuuya IPOs yeMoonshot AI uye zvingangoita zvinyorwa zvevamwe vatambi vakuru zvinoedza musika kushuvira kweaya epamusoro-akawanda maosheni. Kugona kwemafemu aya kushandura kukurumidza kutorwa kwevashandisi kuita pundutso pasina kuunza mari isingachinjike yemakomputa ichave chiratidzo chakakosha chekugara kwenguva refu kwechikamu cheChinese AI.
Kuitwa kwezvibvumirano zvekugovanisa mari kune akavhurika huremu modhi kuchave chiratidzo chakakosha chekuti makambani eChinese AI anogona kuvandudza mashandiro avo ekuita mari. Rhodium yakaona kuti Moonshot iri munhaurirano neMicrosoft, Amazon, uye Google, ine migove ingangoita mari inosvika makumi matatu%. Kubudirira kwenhaurirano idzi kunogona kushanda semuenzaniso kune vamwe vanogadzira.
Kuuya kwekutanga kupihwa neveruzhinji (IPOs) kumafemu eChinese AI, akadai seMoonshot AI faira rekuvanzika kuHong Kong IPO uye DeepSeek's pre-IPO mari yekutenderera, ichayedza musika kuvimba mukukosheswa uku. Kugamuchirwa kwezvirongwa izvi kunopa nzwisiso yekuti vatengesi vari kuda kuchengetedza zvakawandisa pamberi pemari shoma iripo.
Kugona kwemakambani eChinese AI kubata mutengo wekombuta uku uchichengetedza kukwikwidza kwetekinoroji kuchave kwakakosha. Sezvakataurwa neMacquarie Group, mari yakakwirira yemagetsi emagetsi inogona kuchengetedza makambani akaita seZ.ai uye MiniMax ari mutsvuku kusvika muna 2030. Kuongorora maitiro avo emari uye kuvandudzwa kwehutano huchave hwakakosha pakuongorora kushanda kwenguva refu.
Makwikwi emasimba pakati peUS neChinese AI vagadziri acharamba achishanduka, nemativi ese ari maviri achikwikwidza pamutengo, kuita, uye kuvhurika-sosi kutorwa. Zvakawanikwa nemushumo uyu zvinoratidza kuti kunyangwe gaka rekuita riri kuderera, gaka rehupfumi rinoramba rakakosha. Kusimukira kweramangwana mumazano emitengo uye kuburitswa kwemodhi kuchave kiyi yekunzwisisa kuti izvi zvine simba zvinotamba sei.