{"id":561946,"date":"2025-01-01T22:12:46","date_gmt":"2025-01-02T06:12:46","guid":{"rendered":"https:\/\/nai500.com\/blog\/2025\/01\/ai-winners-and-losers-in-2025-bad-news-for-nvidia-but-good-news-for-this-clean-energy-source\/"},"modified":"2025-01-01T22:13:09","modified_gmt":"2025-01-02T06:13:09","slug":"2025%e5%b9%b4%e7%9a%84ai%e8%b5%a2%e5%ae%b6%e5%92%8c%e8%be%93%e5%ae%b6-%e8%8b%b1%e4%bc%9f%e8%be%be-%e6%b8%85%e6%b4%81%e8%83%bd%e6%ba%90","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hans\/blog\/2025\/01\/2025%e5%b9%b4%e7%9a%84ai%e8%b5%a2%e5%ae%b6%e5%92%8c%e8%be%93%e5%ae%b6-%e8%8b%b1%e4%bc%9f%e8%be%be-%e6%b8%85%e6%b4%81%e8%83%bd%e6%ba%90\/","title":{"rendered":"2025\u5e74\u7684AI\u8d62\u5bb6\u548c\u8f93\u5bb6\uff1a\u5229\u7a7a\u82f1\u4f1f\u8fbe\uff0c\u5374\u5229\u597d\u8fd9\u79cd\u6e05\u6d01\u80fd\u6e90"},"content":{"rendered":"<p>\u4eba\u5de5\u667a\u80fd\uff08AI\uff09\u7684\u9769\u547d\u6301\u7eed\u5438\u5f15\u6295\u8d44\u8005\u7684\u76ee\u5149\uff0c\u56e0\u4e3a\u8fd9\u4e00\u521b\u65b0\u6280\u672f\u6539\u53d8\u4e16\u754c\u7684\u6f5c\u529b\u4e0d\u53ef\u5ffd\u89c6\u3002\u7136\u800c\uff0c\u5728\u8fd9\u4e2a\u5feb\u901f\u53d8\u5316\u7684\u5e02\u573a\u4e2d\uff0c\u8d62\u5bb6\u4e0e\u8f93\u5bb6\u53ef\u80fd\u4f1a\u5f88\u5feb\u6613\u4f4d\u3002<\/p>\n<p>\u6700\u8fd1\uff0c<a href=\"https:\/\/nai500.com\/zh-hans\/%e8%82%a1%e7%a5%a8%e6%9f%a5%e8%af%a2\/?qm_symbol=MSFT\">\u5fae\u8f6fMicrosoft\uff08MSFT\uff09<\/a>\u9996\u5e2d\u6267\u884c\u5b98\u8428\u63d0\u4e9a\u00b7\u7eb3\u5fb7\u62c9\uff08Satya Nadella\uff09\u5728\u91c7\u8bbf\u4e2d\u53d1\u8868\u7684\u8a00\u8bba\u53ef\u80fd\u8ba92023\u548c2024\u5e74\u7684\u5927\u8d62\u5bb6\u82f1\u4f1f\u8fbe\uff08Nvidia\uff09\u9762\u4e34\u6f5c\u5728\u7684\u6311\u6218\u3002\u7136\u800c\uff0c\u8fd9\u4e9b\u8a00\u8bba\u5374\u53ef\u80fd\u7ed9\u67d0\u4e9b\u5927\u5b97\u5546\u54c1\u4ee5\u53ca\u76f8\u5173\u7684\u80a1\u7968\u5e26\u6765\u5de8\u5927\u5229\u597d\u3002<\/p>\n<h2>\u201c\u82af\u7247\u4f9b\u5e94\u74f6\u9888\u7ed3\u675f\u201d\u5e26\u6765\u7684\u8fde\u9501\u53cd\u5e94<\/h2>\n<p>\u672c\u6708\u65e9\u4e9b\u65f6\u5019\uff0c\u7eb3\u5fb7\u62c9\u5728\u4e0e\u98ce\u9669\u6295\u8d44\u5bb6\u5e03\u62c9\u5fb7\u00b7\u683c\u65af\u7279\u7eb3\uff08Brad Gerstner\uff09\u548c\u6bd4\u5c14\u00b7\u683c\u5229\uff08Bill Gurley\uff091\u4e2a\u591a\u5c0f\u65f6\u7684\u6df1\u5ea6\u8bbf\u8c08\u4e2d\u63d0\u5230\uff0c\u5fae\u8f6f\u4e0d\u518d\u9762\u4e34\u82f1\u4f1f\u8fbe\u82af\u7247\u4f9b\u5e94\u4e0d\u8db3\u7684\u7a98\u5883\u3002\u8fd9\u4e00\u8f6c\u53d8\u53ef\u80fd\u5bf9\u82f1\u4f1f\u8fbe\u4ee5\u53ca\u6574\u4e2aAI\u884c\u4e1a\u4ea7\u751f\u6df1\u8fdc\u5f71\u54cd\u3002\u4ed6\u5728\u64ad\u5ba2\u4e2d\u8868\u793a\uff1a<\/p>\n<p><em>\u201c\u6211\u4eec\u73b0\u5728\u9762\u4e34\u7684\u74f6\u9888\u66f4\u591a\u662f\u80fd\u6e90\uff0c\u800c\u4e0d\u518d\u662f\u82af\u7247\u4f9b\u5e94\u2026\u20262024\u5e74\uff0c\u6211\u4eec\u7684\u4f9b\u5e94\u7684\u786e\u53d7\u5230\u9650\u5236\u3002\u56e0\u6b64\uff0c\u6211\u4eec\u5bf92025\u5e74\u4e0a\u534a\u5e74\uff08\u5fae\u8f6f\u7684\u8d22\u5e74\u540e\u534a\u6bb5\uff09\u62b1\u6709\u4e50\u89c2\u9884\u671f\u3002\u5c55\u671b2026\u5e74\uff0c\u6211\u4eec\u9884\u8ba1\u60c5\u51b5\u4f1a\u66f4\u597d\uff0c\u53d1\u5c55\u524d\u666f\u826f\u597d\u3002\u201d<\/em><\/p>\n<p>\u7eb3\u5fb7\u62c9\u7684\u8fd9\u4e00\u8a00\u8bba\u53d1\u8868\u4ee5\u6765\uff0c\u82f1\u4f1f\u8fbe\u80a1\u7968\u8868\u73b0\u75b2\u8f6f\u30022023\u5e74\u4ee5\u6765\uff0c\u7531\u4e8eAI\u82af\u7247\u7684\u9700\u6c42\u8fdc\u8fdc\u5927\u4e8e\u4f9b\u7ed9\uff0c\u4fc3\u4f7f\u82f1\u4f1f\u8fbe\u56fe\u5f62\u5904\u7406\u5668\uff08GPU\uff09\u7684\u6536\u5165\u4e0e\u5229\u6da6\u7387\u90fd\u5f97\u5230\u5927\u5e45\u63d0\u5347\u3002\u7136\u800c\uff0c\u7eb3\u5fb7\u62c9\u6709\u5173\u4f9b\u5e94\u4e0d\u8db3\u6216\u8bb8\u5373\u5c06\u7ec8\u7ed3\u7684\u8868\u6001\uff0c\u53ef\u80fd\u610f\u5473\u7740\u4ee5\u4e0b\u51e0\u79cd\u60c5\u51b5\uff1a<\/p>\n<ol>\n<li>AI\u9700\u6c42\u5f00\u59cb\u653e\u7f13\uff1b<\/li>\n<li>\u82af\u7247\u4f9b\u5e94\u80fd\u529b\u8fc5\u901f\u6539\u5584\uff1b<\/li>\n<li>\u6216\u8005\u4e8c\u8005\u517c\u800c\u6709\u4e4b\u3002<\/li>\n<\/ol>\n<h2>AI\u521b\u65b0\u901f\u5ea6\u653e\u6162\uff1f\u8fd8\u662f\u5fae\u8f6f\u81ea\u7814\u82af\u7247\u53d1\u529b\uff1f<\/h2>\n<p>\u867d\u7136\u6709\u4f20\u95fb\u79f0AI\u5927\u578b\u8bed\u8a00\u6a21\u578b\u7684\u521b\u65b0\u901f\u5ea6\u53ef\u80fd\u653e\u7f13\uff0c\u4f46\u884c\u4e1a\u5185\u7684\u5f88\u591a\u5927\u4f6c\u5bf9\u6b64\u90fd\u4e88\u4ee5\u5426\u8ba4\u3002\u56e0\u6b64\uff0c\u5fae\u8f6f\u7684\u6001\u5ea6\u53ef\u80fd\u6697\u793a\u53e6\u4e00\u79cd\u60c5\u51b5\uff1a\u516c\u53f8\u81ea\u7814\u82af\u7247\u201cMaia\u52a0\u901f\u5668\u201d\u7684\u4ea7\u91cf\u6b63\u5728\u722c\u5347\uff0c\u800c\u975e\u82f1\u4f1f\u8fbe\u82af\u7247\u9700\u6c42\u7684\u4e0b\u964d\u3002\u76f8\u6bd4\u5176\u4ed6\u4e91\u8ba1\u7b97\u7ade\u4e89\u5bf9\u624b\uff0c\u5fae\u8f6f\u5728\u81ea\u7814\u82af\u7247\u9886\u57df\u4e00\u76f4\u843d\u540e\uff0c\u4f46\u8fd1\u671f\u5feb\u901f\u8ffd\u8d76\u30022023\u5e74\u5e95\uff0c\u5fae\u8f6f\u9996\u6b21\u63a8\u51fa\u201cMaia\u52a0\u901f\u5668\u201d\u548c\u201cCobalt CPU\u201d\uff0c2025\u5e74\u53ef\u80fd\u662f\u5b83\u4eec\u5168\u9762\u91cf\u4ea7\u7684\u5173\u952e\u8282\u70b9\u3002<\/p>\n<p>\u7eb3\u5fb7\u62c9\u5173\u4e8e\u201c\u80fd\u6e90\u7ea6\u675f\u201d\u7684\u8a00\u8bba\u8bf4\u660e\u4e86AI\u9700\u6c42\u4f9d\u7136\u5f3a\u52b2\uff0c\u5c24\u5176\u662f\u5728\u4f01\u4e1a\u5ba2\u6237\u9886\u57df\u3002<\/p>\n<h2>\u5929\u7136\u6c14\u6216\u62102025\u5e74AI\u80fd\u6e90\u9700\u6c42\u7684\u8d62\u5bb6\uff1f<\/h2>\n<p>\u7eb3\u5fb7\u62c9\u63d0\u5230\u7684\u201c\u80fd\u6e90\u7ea6\u675f\u201d\u5f15\u53d1\u4e86AI\u6570\u636e\u4e2d\u5fc3\u7535\u529b\u9700\u6c42\u5feb\u901f\u589e\u957f\u7684\u5173\u6ce8\u3002\u636e\u9884\u6d4b\uff0c\u7f8e\u56fd\u672a\u6765\u51e0\u5e74\u7684\u7535\u529b\u9700\u6c42\u53ef\u80fd\u4f1a\u8fbe\u5230\u7a7a\u524d\u6c34\u5e73\uff0cAI\u6570\u636e\u4e2d\u5fc3\u5c06\u6210\u4e3a\u4e3b\u8981\u9a71\u52a8\u529b\u4e4b\u4e00\u3002<\/p>\n<p>\u7136\u800c\uff0c\u4e3a\u4e86\u6ee1\u8db3\u7535\u529b\u9700\u6c42\uff0c\u54ea\u4e9b\u80fd\u6e90\u5f62\u5f0f\u80fd\u8fc5\u901f\u6295\u4ea7\u4ee5\u586b\u8865\u7a7a\u7f3a\uff1f\u53ef\u518d\u751f\u80fd\u6e90\u5982\u592a\u9633\u80fd\u4e0e\u98ce\u80fd\u867d\u7136\u6f5c\u529b\u5de8\u5927\uff0c\u4f46\u7531\u4e8e\u95f4\u6b47\u6027\u95ee\u9898\u53ca\u5efa\u8bbe\u5468\u671f\uff0c\u65e0\u6cd5\u5b8c\u5168\u6ee1\u8db3AI\u6570\u636e\u4e2d\u5fc3\u7684\u5168\u5929\u5019\u9700\u6c42\u3002\u53e6\u5916\uff0c\u4e00\u4e9b\u6838\u80fd\u80a1\u7968\u867d\u57282024\u5e74\u8868\u73b0\u62a2\u773c\uff0c\u4f46\u6838\u7535\u7ad9\u6295\u7528\u65f6\u95f4\u6f2b\u957f\uff0c\u4f8b\u5982\u5fae\u8f6f\u66fe\u7b7e\u4e0b\u4e09\u91cc\u5c9b\u6838\u7535\u7ad9\u7684\u4f9b\u5e94\u534f\u8bae\uff0c\u4f46\u8be5\u8bbe\u65bd\u8981\u52302028\u5e74\u624d\u80fd\u91cd\u65b0\u6295\u5165\u8fd0\u8425\u3002<\/p>\n<p>\u56e0\u6b64\uff0c\u5206\u6790\u4eba\u58eb\u8ba4\u4e3a\uff0c\u5929\u7136\u6c14\u6216\u6210\u4e3a\u552f\u4e00\u80fd\u591f\u5feb\u901f\u90e8\u7f72\uff0c\u4ece\u800c\u6ee1\u8db3AI\u6570\u636e\u4e2d\u5fc3\u9700\u6c42\u7684\u80fd\u6e90\u9009\u62e9\u4e4b\u4e00\u3002\u8457\u540d\u5bf9\u51b2\u57fa\u91d1\u7ecf\u7406\u5927\u536b\u00b7\u6cf0\u73c0\uff08David Tepper\uff09\u66fe\u8b66\u544a\u79f0\uff0c\u5982\u679c\u8981\u6ee1\u8db3AI\u7684\u80fd\u6e90\u9700\u6c42\uff0c\u5c31\u5fc5\u987b\u4f7f\u7528\u5929\u7136\u6c14\u3002\u8fd1\u671f\uff0c\u6469\u6839\u58eb\u4e39\u5229\u80fd\u6e90\u5206\u6790\u5e08\u65af\u8482\u82ac\u00b7\u4f2f\u5fb7\uff08Stephen Byrd\uff09\u4e5f\u8868\u793a\uff0c\u5728AI\u6570\u636e\u4e2d\u5fc3\u7535\u529b\u9700\u6c42\u7684\u76f4\u63a5\u5e26\u52a8\u4e0b\uff0c2025\u5e74\u5929\u7136\u6c14\u80a1\u7968\u53ef\u80fd\u8fce\u6765\u65b0\u4e00\u8f6e\u7206\u53d1\u3002<\/p>\n<p>\u603b\u7ed3\u6765\u8bf4\uff0c\u968f\u7740AI\u9700\u6c42\u7684\u6301\u7eed\u589e\u957f\uff0c\u8fd9\u4e00\u9886\u57df\u5bf9\u80fd\u6e90\u7684\u4f9d\u8d56\u5c06\u4e3a\u5929\u7136\u6c14\u884c\u4e1a\u5e26\u6765\u5de8\u5927\u673a\u9047\u3002\u800c\u5728\u82af\u7247\u4f9b\u5e94\u683c\u5c40\u53d8\u5316\u3001\u5fae\u8f6f\u6280\u672f\u72ec\u7acb\u6027\u4e0a\u5347\u7684\u80cc\u666f\u4e0b\uff0c\u672a\u6765\u5929\u7136\u6c14\u80a1\u7968\u53ef\u80fd\u8dd1\u8d62\u82f1\u4f1f\u8fbe\uff0c\u4ece\u800c\u6210\u4e3a\u65b0\u7684\u6295\u8d44\u4eae\u70b9\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u4eba\u5de5\u667a\u80fd\uff08AI\uff09\u7684\u9769\u547d\u6301\u7eed\u5438\u5f15\u6295\u8d44\u8005\u7684\u76ee\u5149\uff0c\u56e0\u4e3a\u8fd9\u4e00\u521b\u65b0\u6280\u672f\u6539\u53d8\u4e16\u754c\u7684\u6f5c\u529b\u4e0d\u53ef\u5ffd\u89c6\u3002\u7136\u800c\uff0c\u5728\u8fd9\u4e2a\u5feb\u901f\u53d8\u5316\u7684\u5e02\u573a [&hellip;]<\/p>\n","protected":false},"author":27,"featured_media":483378,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[1521,430],"tags":[2173,538,2247],"class_list":["post-561946","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-1521","category-trends-strategies-zh-hans","tag-2173","tag-538","tag-2247","sectors-oil-gas-zh-hans","sectors-technology-zh-hans","locations-us-zh-hans","exchange-nasdaq-zh-hans","exchange-nyse-zh-hans"],"acf":[],"_links":{"self":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/561946","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/users\/27"}],"replies":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/comments?post=561946"}],"version-history":[{"count":3,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/561946\/revisions"}],"predecessor-version":[{"id":561949,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/561946\/revisions\/561949"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/media\/483378"}],"wp:attachment":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/media?parent=561946"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/categories?post=561946"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/tags?post=561946"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}