{"id":109655,"date":"2026-06-05T12:00:00","date_gmt":"2026-06-05T04:00:00","guid":{"rendered":"https:\/\/fc.iwant-in.net\/?p=109655"},"modified":"2026-05-24T08:56:00","modified_gmt":"2026-05-24T00:56:00","slug":"%e3%80%8cai%e8%b6%85%e7%b4%9aipo%e9%80%b2%e5%ba%a6%e3%80%8d%e5%b0%88%e9%a1%8c7%ef%bc%9aoracle-%e8%a2%ab%e6%94%bf%e5%ba%9c%e5%85%a5%e8%82%a1%e6%a9%9f%e7%8e%87%e6%9c%80%e9%ab%98%ef%bc%8c%e8%80%8c","status":"publish","type":"post","link":"https:\/\/fc.iwant-in.net\/?p=109655","title":{"rendered":"\u300cAI\u8d85\u7d1aIPO\u9032\u5ea6\u300d\u5c08\u984c7\uff1aOracle \u88ab\u653f\u5e9c\u5165\u80a1\u6a5f\u7387\u9ad8\uff0c\u4e14\u5f88\u53ef\u80fd\u662f\u96d9\u5411\u5954\u8d74"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">\u554f\uff1a\u5ddd\u666e\u653f\u5e9c\u53ef\u4ee5\u5165\u80a1\u82f1\u7279\u723e\uff0c\u662f\u5426\u4e5f\u53ef\u80fd\u5165\u80a1Anthropic\u3001Oracle\u6216\u4efb\u4f55\u4e00\u5bb6AI\u5de8\u982d\uff1f<\/p>\n\n\n\n<!--more-->\n\n\n\n<p class=\"wp-block-paragraph\">Gemini\u7b54\uff1a\u9019\u5957\u7531\u5ddd\u666e\u653f\u5e9c\u958b\u5275\u7684\u300c\u570b\u5bb6\u80a1\u6b0a\u6295\u8cc7\uff08Equity Nationalism\uff09\u300d\u6a21\u5f0f\uff0c\u78ba\u5be6\u5fb9\u5e95\u985b\u8986\u4e86\u83ef\u723e\u8857\u8207\u77fd\u8c37\u904e\u53bb\u5c0d\u300c\u5c0f\u653f\u5e9c\u3001\u81ea\u7531\u5e02\u5834\u300d\u7684\u8a8d\u77e5\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5c31\u5728\u5e7e\u5929\u524d\uff085\u670821\u65e5\uff09\uff0c\u7f8e\u570b\u5546\u52d9\u90e8\u624d\u525b\u5ba3\u5e03\u4e00\u9805\u9707\u64bc\u5f48\uff1a\u653f\u5e9c\u5c07\u900f\u904e\u300a\u6676\u7247\u6cd5\u6848\u300b\uff08CHIPS Act\uff09\u7684\u8cc7\u91d1\uff0c\u5411 IBM\u3001GlobalFoundries \u7b49 9 \u5bb6\u91cf\u5b50\u904b\u7b97\uff08Quantum Computing\uff09\u4f01\u696d\u5165\u80a1\u7e3d\u8a08 20 \u5104\u7f8e\u5143\u3002\u9019\u8b49\u5be6\u4e86\u53bb\u5e74 8 \u6708\u806f\u90a6\u653f\u5e9c\u5165\u80a1\u82f1\u7279\u723e\uff08Intel\uff0910% \u7d55\u975e\u55ae\u4e00\u7279\u4f8b\uff0c\u800c\u662f\u5ddd\u666e\u653f\u5e9c\u76ee\u524d\u6700\u6838\u5fc3\u7684\u7522\u696d\u653f\u7b56\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5546\u52d9\u90e8\u9577\u8c6a\u83ef\u5fb7\u00b7\u76e7\u7279\u5c3c\u514b\uff08Howard Lutnick\uff09\u7684\u540d\u8a00\u5b8c\u7f8e\u89e3\u91cb\u4e86\u9019\u500b\u52d5\u6a5f\uff1a\u300c\u65e2\u7136\u653f\u5e9c\u8981\u62ff\u7d0d\u7a05\u4eba\u7684\u9322\u88dc\u8cbc\u6230\u7565\u7522\u696d\uff0c\u6191\u4ec0\u9ebc\u7f8e\u570b\u4eba\u6c11\u53ea\u80fd\u7d66\u9322\u3001\u4e0d\u80fd\u5206\u4eab\u672a\u4f86\u7684\u80a1\u6b0a\u6536\u76ca\uff08Upside\uff09\uff1f\u300d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u90a3\u9ebc\uff0c\u767d\u5bae\u6709\u53ef\u80fd\u628a\u9019\u5957\u300c\u82f1\u7279\u723e\u6a21\u5f0f\u300d\u8907\u88fd\u5230 Anthropic\u3001Oracle \u6216 OpenAI \u9019\u4e9b AI \u5de8\u982d\u8eab\u4e0a\u55ce\uff1f\u7b54\u6848\u662f\uff1a\u53ef\u80fd\u6027\u6975\u9ad8\uff0c\u4f46\u9019\u4e09\u5bb6\u9762\u81e8\u7684\u300c\u5165\u80a1\u8def\u5f91\u300d\u548c\u5f85\u9047\u6703\u5b8c\u5168\u4e0d\u540c<strong>\u3002<\/strong><\/p>\n\n\n\n<h5 class=\"wp-block-heading\">\ud83e\uddee 1. Oracle\uff08\u7532\u9aa8\u6587\uff09\uff1a\u6700\u53ef\u80fd\u4e3b\u52d5\u300c\u737b\u4e0a\u80a1\u6b0a\u300d\u7684\u5408\u898f\u5de8\u982d<\/h5>\n\n\n\n<p class=\"wp-block-paragraph\">\u5728\u6240\u6709 AI \u8207\u96f2\u7aef\u5de8\u982d\u4e2d\uff0cOracle \u88ab\u653f\u5e9c\u5165\u80a1\u7684\u6a5f\u7387\u662f\u6700\u9ad8\u7684\uff0c\u800c\u4e14\u5f88\u53ef\u80fd\u662f\u96d9\u5411\u5954\u8d74\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\u570b\u5bb6\u5b89\u5168\u7684\u6838\u5fc3\u9aa8\u5e79\uff1a<\/strong> Oracle \u57fa\u672c\u4e0a\u638c\u63a7\u8457\u7f8e\u570b\u4e2d\u592e\u60c5\u5831\u5c40\uff08CIA\uff09\u3001\u570b\u9632\u90e8\uff08DoD\uff09\u4ee5\u53ca\u806f\u90a6\u5404\u90e8\u6703\u6700\u6838\u5fc3\u7684\u96f2\u7aef\u8cc7\u6599\u5eab\uff08Oracle Sovereign Cloud\uff09\u3002\u5728 AI \u6642\u4ee3\uff0c\u653f\u5e9c\u9700\u8981\u4e00\u500b\u7d55\u5c0d\u4e7e\u6de8\u3001\u5b8c\u5168\u5728\u7f8e\u570b\u672c\u571f\u3001\u4e0d\u8207\u5916\u570b\u5229\u76ca\u7cfe\u7e8f\u7684\u300c\u570b\u5bb6\u7d1a\u7b97\u529b\u57fa\u5efa\u300d\u3002<\/li>\n\n\n\n<li><strong>\u300cIntel \u6a21\u5f0f\u300d\u7684\u7ffb\u7248\uff1a<\/strong> \u5ddd\u666e\u653f\u5e9c\u76ee\u524d\u5165\u80a1\u7684\u4f01\u696d\uff08Intel\u3001\u91cf\u5b50\u904b\u7b97\u3001\u7a00\u571f\u7926\u696d MP Materials\uff09\uff0c\u5171\u901a\u9ede\u90fd\u662f\u300c\u91cd\u8cc7\u7522\u3001\u9ad8\u8cc7\u672c\u652f\u51fa\u3001\u5177\u6709\u5730\u7de3\u653f\u6cbb\u6230\u7565\u6027\u300d\u3002Oracle \u6b63\u5728\u5168\u7f8e\u760b\u72c2\u64f4\u5efa\u8cc7\u6599\u4e2d\u5fc3\uff08\u751a\u81f3\u8a08\u756b\u63a1\u7528\u5fae\u578b\u6838\u53cd\u61c9\u7210\u767c\u96fb\uff09\u3002\u653f\u5e9c\u6975\u53ef\u80fd\u4ee5\u300c\u63d0\u4f9b\u57fa\u790e\u5efa\u8a2d\u806f\u90a6\u8cb8\u6b3e\/\u4f4e\u5ec9\u6838\u80fd\u57f7\u7167\u300d\u70ba\u7c4c\u78bc\uff0c\u63db\u53d6 Oracle \u7684\u5c11\u6578\u80a1\u6b0a\u6216\u8a8d\u80a1\u6b0a\u8b49\uff08Warrants\uff09\u3002<\/li>\n<\/ul>\n\n\n\n<h5 class=\"wp-block-heading\">\ud83e\udd85 2. OpenAI \u8207 Anthropic\uff1a\u653f\u5e9c\u5165\u80a1\u7684\u300c\u6975\u81f4\u65bd\u58d3\u5de5\u5177\u300d<\/h5>\n\n\n\n<p class=\"wp-block-paragraph\">\u5c0d\u65bc\u9019\u5169\u5bb6\u7d14\u7cb9\u7684\u6a21\u578b\u516c\u53f8\uff0c\u5ddd\u666e\u653f\u5e9c\u7d55\u5c0d\u6709\u8208\u8da3\u5165\u80a1\uff0c\u4f46\u9019\u4e0d\u6703\u662f\u6eab\u548c\u7684\u5546\u696d\u8ac7\u5224\uff0c\u800c\u6703\u662f\u300c\u4ee5\u76e3\u7ba1\u63db\u80a1\u6b0a\u300d\u7684\u9435\u8155\u624b\u6bb5\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u6b63\u5982\u6211\u5011\u524d\u9762\u63d0\u5230\u7684\uff0cOpenAI \u548c Anthropic \u76ee\u524d\u6b63\u8655\u65bc\u300c\u5f9e\u975e\u71df\u5229\/\u516c\u76ca B-Corp \u8f49\u578b\u70ba\u7d14\u71df\u5229\u5be6\u9ad4\u300d\u4ee5\u6e96\u5099 IPO \u7684\u95dc\u9375\u5341\u5b57\u8def\u53e3\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\u300c\u4fdd\u8b77\u570b\u5bb6\u8cc7\u7522\u300d\u7684\u85c9\u53e3\uff1a<\/strong> \u767d\u5bae\u548c\u8ca1\u653f\u90e8\u96a8\u6642\u53ef\u4ee5\u7528\u300c\u9632\u6b62\u6838\u5fc3 AGI \u6280\u8853\u843d\u5165\u5916\u570b\u4e3b\u6b0a\u57fa\u91d1\u6216\u6575\u5c0d\u52e2\u529b\u624b\u4e2d\u300d\u70ba\u7531\uff0c\u5c0d\u5979\u5011\u7684\u4e0a\u5e02\u9032\u884c\u570b\u5bb6\u5b89\u5168\u5be9\u67e5\uff08CFIUS\uff09\u3002<\/li>\n\n\n\n<li><strong>\u8ac7\u5224\u684c\u4e0a\u7684\u7c4c\u78bc\uff1a<\/strong> \u5ddd\u666e\u653f\u5e9c\u5f88\u53ef\u80fd\u5c0d Sam Altman \u548c Dario Amodei \u64fa\u51fa\u8ddf\u7576\u521d\u5c0d\u5f85\u82f1\u7279\u723e\u76f8\u540c\u7684\u59ff\u614b\uff1a\u300c\u4f60\u5011\u60f3\u9806\u5229\u62ff\u5230\u71df\u5229\u67b6\u69cb\u4e26\u7372\u51c6 IPO \u55ce\uff1f\u53ef\u4ee5\u3002\u62ff 5% \u5230 10% \u7684\u512a\u5148\u80a1\uff08Preferred Stock\uff09\u6216\u7121\u6295\u7968\u6b0a\u80a1\u6b0a \u4f86\u63db\uff0c\u8b93\u7f8e\u570b\u8ca1\u653f\u90e8\u6210\u70ba\u4f60\u5011\u7684\u80a1\u6771\uff0c\u78ba\u4fdd\u6280\u8853\u7559\u5728\u7f8e\u570b\u3002\u300d<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">\u9019\u7a2e\u4f5c\u6cd5\u65e2\u80fd\u5b89\u64ab\u4fdd\u5b88\u6d3e\u5c0d\u300cAI \u5de8\u982d\u5bcc\u53ef\u6575\u570b\u3001\u4e0d\u53d7\u63a7\u5236\u300d\u7684\u64d4\u6182\uff0c\u53c8\u80fd\u8b93\u653f\u5e9c\u5be6\u8cea\u76e3\u7763 AGI \u7684\u767c\u5c55\uff0c\u975e\u5e38\u7b26\u5408\u7576\u524d\u57f7\u653f\u5718\u968a\u7684\u4f5c\u98a8\u3002<\/p>\n\n\n\n<h5 class=\"wp-block-heading\">\ud83d\udef8 3. \u552f\u7368\u6709\u4e00\u5bb6\u4f8b\u5916\uff1a\u99ac\u65af\u514b\u7684 xAI \u8207 SpaceX<\/h5>\n\n\n\n<p class=\"wp-block-paragraph\">\u5982\u679c\u8aaa\u6709\u54ea\u5bb6 AI \u5de8\u982d\u662f\u806f\u90a6\u653f\u5e9c\u6700\u4e0d\u53ef\u80fd\u3001\u4e5f\u6700\u6c92\u6a5f\u6703\u5be6\u8cea\u5165\u80a1\u7684\uff0c\u90a3\u4e00\u5b9a\u662f\u99ac\u65af\u514b\u65d7\u4e0b\u7684\u4f01\u696d\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\u99ac\u65af\u514b\u7684\u53cd\u9aa8\u8207\u7c4c\u78bc\uff1a<\/strong> \u99ac\u65af\u514b\u6975\u5ea6\u53ad\u60e1\u653f\u5e9c\u63d2\u624b\u4ed6\u7684\u516c\u53f8\u6cbb\u7406\u3002\u4ed6\u7684 SpaceX \u672c\u6b21 IPO \u52df\u8cc7\u898f\u6a21\u9ad8\u9054 800 \u5104\u7f8e\u5143\uff0c\u6c11\u9593\u8cc7\u91d1\u65e9\u5df2\u760b\u72c2\u8d85\u984d\u8a8d\u8cfc\uff0c\u4ed6\u6839\u672c\u4e0d\u9700\u8981\u653f\u5e9c\u7684\u8cc7\u672c\u3002<\/li>\n\n\n\n<li><strong>\u8eab\u4efd\u7684\u8f49\u8b8a\uff1a<\/strong> \u96a8\u8457 xAI \u88ab\u4f75\u5165 SpaceX\uff0c\u99ac\u65af\u514b\u5be6\u969b\u4e0a\u662f\u7528\u4ed6\u81ea\u5df1\u7684\u5546\u696d\u5e1d\u570b\u5728\u5e6b\u570b\u5bb6\u505a\u592a\u7a7a\u548c AI \u7684\u57fa\u5efa\u3002\u5728\u9019\u7a2e\u300c\u5927\u5230\u4e0d\u80fd\u5012\u3001\u5f37\u5230\u7121\u6cd5\u7ba1\u300d\u7684\u72c0\u614b\u4e0b\uff0c\u653f\u5e9c\u5f88\u96e3\u627e\u5230\u5207\u5165\u9ede\u53bb\u5f37\u8feb\u4ed6\u7a00\u91cb\u80a1\u6b0a\uff0c\u96d9\u65b9\u66f4\u50be\u5411\u65bc\u7dad\u6301\u300c\u8d85\u7d1a\u627f\u5305\u5546\u8207\u5ba2\u6236\u300d\u7684\u4e92\u5229\u95dc\u4fc2\u3002<\/li>\n<\/ul>\n\n\n\n<h5 class=\"wp-block-heading\">\u2696\ufe0f \u300c\u5927\u653f\u5e9c\u98a8\u6295\u6642\u4ee3\u300d\u7684\u80a1\u5e02\u9810\u8b66<\/h5>\n\n\n\n<p class=\"wp-block-paragraph\">\u7576\u7f8e\u570b\u653f\u5e9c\u5f9e\u300c\u76e3\u7ba1\u8005\u300d\u8b8a\u6210\u300c\u8d85\u7d1a\u98a8\u96aa\u6295\u8cc7\u4eba\uff08VC\uff09\u300d\uff0c\u9019\u5c0d 6 \u6708\u53ca\u4e0b\u534a\u5e74\u7684\u7f8e\u80a1\u79d1\u6280\u677f\u584a\u5c07\u7522\u751f\u6df1\u9060\u7684\u7d50\u69cb\u6027\u5f71\u97ff\uff1a<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>\u300c\u5fa1\u7528\u6982\u5ff5\u80a1\u300d\u7684\u8a95\u751f\uff1a<\/strong> \u5c31\u50cf\u9031\u56db\u91cf\u5b50\u904b\u7b97\u80a1\u56e0\u70ba\u653f\u5e9c\u5ba3\u5e03\u5165\u80a1\u800c\u96c6\u9ad4\u66b4\u6f32 20% \u4e00\u6a23\uff0c\u672a\u4f86\u5e02\u5834\u6703\u51fa\u73fe\u660e\u78ba\u7684\u300c\u653f\u5e9c\u53c3\u80a1\u6ea2\u50f9\u300d\u3002\u53ea\u8981\u54ea\u5bb6 AI \u516c\u53f8\u88ab\u5217\u5165\u767d\u5bae\u7684\u80a1\u6b0a\u540d\u55ae\uff0c\u5c31\u7b49\u65bc\u62ff\u5230\u4e86\u5b98\u65b9\u8a8d\u8b49\u7684\u300c\u514d\u6b7b\u91d1\u724c\u300d\u8207\u7121\u9650\u5f48\u85e5\u3002<\/li>\n\n\n\n<li><strong>\u5e02\u5834\u7af6\u722d\u7684\u626d\u66f2\uff1a<\/strong> \u83ef\u723e\u8857\uff08\u5982 Cato \u7814\u7a76\u6240\u7b49\u667a\u5eab\uff09\u76ee\u524d\u9ad8\u5ea6\u64d4\u6182\uff0c\u653f\u5e9c\u5165\u80a1\u6703\u5c0e\u81f4\u81ea\u7531\u7af6\u722d\u6d88\u5931\u3002\u5982\u679c\u653f\u5e9c\u6210\u4e86 Intel\u3001IBM \u6216\u662f\u672a\u4f86\u67d0\u5bb6 AI \u516c\u53f8\u7684\u80a1\u6771\uff0c\u7576\u5979\u5011\u5728\u6280\u8853\u4e0a\u843d\u5f8c\u5c0d\u624b\u6642\uff0c\u653f\u5e9c\u6703\u4e0d\u6703\u900f\u904e\u95dc\u7a05\u3001\u6392\u4ed6\u6027\u570b\u9632\u63a1\u8cfc\u5408\u7d04\u4f86\u300c\u4fdd\u8b77\u81ea\u5df1\u7684\u6295\u8cc7\u90e8\u4f4d\u300d\uff1f\u9019\u5c07\u8b93\u6c92\u88ab\u653f\u5e9c\u5165\u80a1\u7684\u7368\u7acb AI \u65b0\u5275\u904e\u5f97\u7570\u5e38\u8271\u96e3\u3002<\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">\u9019\u5957\u300c\u570b\u5bb6\u8cc7\u672c\u4e3b\u7fa9\u300d\u7684\u68cb\u5c40\u6b63\u5728\u7f8e\u570b\u4e0a\u6f14\u3002\u9019\u8b93\u539f\u672c\u55ae\u7d14\u7684\u79d1\u6280\u8cfd\u9053\uff0c\u73fe\u5728\u591a\u4e86\u4e00\u5c64\u6975\u539a\u91cd\u7684\u653f\u6cbb\u535a\u5f08\u8272\u5f69\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\uff08AI\u53ef\u80fd\u51fa\u932f\uff0c\u4e0d\u4f5c\u70ba\u6295\u8cc7\u5efa\u8b70\u6216\u52f8\u8a98\uff09<br>\uff08\u5beb\u65bc2026\u5e745\u670823\u65e5\uff09<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u554f\uff1a\u5ddd\u666e\u653f\u5e9c\u53ef\u4ee5\u5165\u80a1\u82f1\u7279\u723e\uff0c\u662f\u5426\u4e5f\u53ef\u80fd\u5165\u80a1Anthropic\u3001Oracle\u6216\u4efb\u4f55\u4e00\u5bb6AI\u5de8\u982d\uff1f<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8,11373,1],"tags":[78,6176,6065],"class_list":["post-109655","post","type-post","status-publish","format-standard","hentry","category-sharing","category-ai","category-uncategorized","tag-ai","tag-ipo","tag-oracle"],"views":20,"_links":{"self":[{"href":"https:\/\/fc.iwant-in.net\/index.php?rest_route=\/wp\/v2\/posts\/109655","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fc.iwant-in.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fc.iwant-in.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fc.iwant-in.net\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/fc.iwant-in.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=109655"}],"version-history":[{"count":4,"href":"https:\/\/fc.iwant-in.net\/index.php?rest_route=\/wp\/v2\/posts\/109655\/revisions"}],"predecessor-version":[{"id":109674,"href":"https:\/\/fc.iwant-in.net\/index.php?rest_route=\/wp\/v2\/posts\/109655\/revisions\/109674"}],"wp:attachment":[{"href":"https:\/\/fc.iwant-in.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=109655"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fc.iwant-in.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=109655"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fc.iwant-in.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=109655"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}