{"id":581948,"date":"2025-07-03T22:40:15","date_gmt":"2025-07-04T05:40:15","guid":{"rendered":"https:\/\/nai500.com\/blog\/2025\/07\/%e7%be%8e%e5%9b%bd%e7%a7%91%e6%8a%80%e5%88%9d%e5%88%9b%e5%85%ac%e5%8f%b8%e8%bf%8e%e6%9d%a5-ipo-%e5%a4%8d%e8%8b%8f%e6%bd%ae-ai-%e4%b8%8e%e5%8a%a0%e5%af%86%e8%b5%9b%e9%81%93%e8%a1%a8%e7%8e%b0%e4%ba%ae\/"},"modified":"2025-07-03T22:41:06","modified_gmt":"2025-07-04T05:41:06","slug":"%e7%be%8e%e5%9c%8b%e7%a7%91%e6%8a%80%e5%88%9d%e5%89%b5%e5%85%ac%e5%8f%b8%e8%bf%8e%e4%be%86-ipo-%e5%be%a9%e8%98%87%e6%bd%ae-ai-%e8%88%87%e5%8a%a0%e5%af%86%e8%b3%bd%e9%81%93%e8%a1%a8%e7%8f%be%e4%ba%ae","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hant\/blog\/2025\/07\/%e7%be%8e%e5%9c%8b%e7%a7%91%e6%8a%80%e5%88%9d%e5%89%b5%e5%85%ac%e5%8f%b8%e8%bf%8e%e4%be%86-ipo-%e5%be%a9%e8%98%87%e6%bd%ae-ai-%e8%88%87%e5%8a%a0%e5%af%86%e8%b3%bd%e9%81%93%e8%a1%a8%e7%8f%be%e4%ba%ae\/","title":{"rendered":"\u7f8e\u570b\u79d1\u6280\u521d\u5275\u516c\u53f8\u8fce\u4f86IPO\u5fa9\u8607\u6f6e\uff0cAI\u8207\u52a0\u5bc6\u8cfd\u9053\u8868\u73fe\u4eae\u773c"},"content":{"rendered":"

\u7d93\u6b77\u4e09\u5e74\u5bd2\u51ac\u5f8c\uff0c\u7f8e\u570b\u79d1\u6280\u521d\u5275\u516c\u53f8\u548c\u98a8\u96aa\u6295\u8cc7\u6a5f\u69cb\u7d42\u65bc\u8fce\u4f86\u8f49\u6a5f\u30022025\u5e74\u4e0a\u534a\u5e74\uff0c\u7279\u5225\u662f6\u6708\u4efd\u7684\u4e00\u6ce2\u4e0a\u5e02\u6f6e\uff0c\u70ba\u6c89\u5bc2\u5df2\u4e45\u7684\u79d1\u6280IPO\u5e02\u5834\u6ce8\u5165\u4e86\u65b0\u6d3b\u529b\u3002<\/p>\n

\u81ea2022\u5e74\u521d\u8d77\uff0c\u53d7\u9ad8\u901a\u8139\u3001\u6fc0\u9032\u52a0\u606f\u53ca\u76e3\u7ba1\u6536\u7dca\u5f71\u97ff\uff0c\u7f8e\u570b\u79d1\u6280IPO\u5e02\u5834\u5e7e\u8fd1\u505c\u6eef\uff0c\u5927\u578b\u6536\u8cfc\u4ea4\u6613\u4e5f\u5927\u5e45\u6e1b\u5c11\u3002\u4f462025\u5e746\u6708\uff0c\u4e94\u5bb6\u79d1\u6280\u516c\u53f8\u6210\u529f\u4e0a\u5e02\uff0c\u986f\u8457\u9ad8\u65bc\u5e74\u521d\u6bcf\u6708\u5e73\u57472\u5bb6\u7684\u6c34\u5e73\u3002\u5176\u4e2d\uff0c\u52a0\u5bc6\u516c\u53f8Circle\uff08CRCL\uff09<\/a>\u8868\u73fe\u6700\u70ba\u4eae\u773c\uff0c\u4e0a\u5e02\u9996\u65e5\u80a1\u50f9\u7ffb\u500d\uff0c\u76ee\u524d\u5e02\u503c\u9054420\u5104\u7f8e\u5143\u3002\u8a72\u516c\u53f8\u80a1\u50f9\u57286\u6708\u9032\u4e00\u6b65\u4e0a\u6f32\uff0c\u5f97\u76ca\u65bc\u7f8e\u570b\u53c3\u8b70\u9662\u901a\u904e\u300aGENIUS\u6cd5\u6848\u300b\uff0c\u70ba\u7a69\u5b9a\u5e63\u5efa\u7acb\u806f\u90a6\u76e3\u7ba1\u6846\u67b6\u3002<\/p>\n

AI\u8cfd\u9053\u63d0\u632f\u5e02\u5834\u4fe1\u5fc3<\/h2>\n

AI\u57fa\u790e\u8a2d\u65bd\u63d0\u4f9b\u5546CoreWeave\uff08CRWV\uff09<\/a>\u7684\u8868\u73fe\u4e5f\u589e\u5f37\u4e86\u5e02\u5834\u5c0dAI\u9818\u57df\u7684\u6a02\u89c0\u60c5\u7dd2\u3002\u8a72\u516c\u53f83\u6708\u5e95\u4e0a\u5e02\u5f8c\uff0c5\u6708\u80a1\u50f9\u98c6\u5347170%\uff0c6\u6708\u518d\u6f3247%\u3002<\/p>\n

2021\u5e74\u662f\u7f8e\u570b\u79d1\u6280IPO\u7684\u5dd4\u5cf0\u4e4b\u5e74\uff0c\u5171\u6709155\u5bb6\u98a8\u6295\u652f\u6301\u516c\u53f8\u4e0a\u5e02\uff0c\u52df\u8cc7604\u5104\u7f8e\u5143\u3002\u4f46\u6b64\u5f8c\u5e02\u5834\u6025\u5287\u840e\u7e2e\uff0c2022\u5e74\u50c513\u5bb6\u4e0a\u5e02\uff0c2023\u5e7418\u5bb6\uff0c2024\u5e7430\u5bb6\uff0c\u4e09\u5e74\u52df\u8cc7\u7e3d\u984d\u50c5133\u5104\u7f8e\u5143\u3002<\/p>\n

\u4e2d\u5c0f\u578b\u516c\u53f8\u9818\u8dd1 IPO\uff0c\u5de8\u982d\u4ecd\u5728\u89c0\u671b<\/h2>\n

\u9664Circle\u548cCoreWeave\u5916\uff0c\u8fd1\u671f\u4e0a\u5e02\u7684\u591a\u70ba\u4e2d\u5c0f\u578b\u516c\u53f8\uff0c\u5305\u62ec\u5065\u5eb7\u79d1\u6280\u516c\u53f8Hinge Health<\/a>\uff08HNGE\uff0c\u4f30\u503c35\u5104\u7f8e\u5143\uff09\u3001Omada Health<\/a>\uff08OMDA\uff0c\u4f30\u503c10\u5104\u7f8e\u5143\uff09\u3001\u7dda\u4e0a\u4ea4\u6613\u5e73\u81faeToro<\/a>\uff08ETOR\uff0c\u4f30\u503c50\u5104\u7f8e\u5143\uff09\u4ee5\u53ca\u7dda\u4e0a\u9280\u884c\u670d\u52d9\u5546Chime Financial\uff08CHYM\uff09<\/a>\u3002<\/p>\n

\u7136\u800c\uff0c\u4f30\u503c\u6700\u9ad8\u7684\u79c1\u71df\u79d1\u6280\u516c\u53f8\u5982SpaceX\u3001Stripe\u548cDatabricks\u4ecd\u5728\u89c0\u671b\uff0cAI\u660e\u661f\u4f01\u696dOpenAI\u8207Anthropic\u4e5f\u9078\u64c7\u7e7c\u7e8c\u878d\u8cc7\uff0c\u800c\u975e\u4e0a\u5e02\u3002<\/p>\n

\u8b39\u614e\u6a02\u89c0\u8207\u672a\u4f86\u6311\u6230<\/h2>\n

\u98a8\u6295\u6a5f\u69cb\u5c0d\u5f8c\u5e02\u614b\u5ea6\u8b39\u614e\u6a02\u89c0\u3002FirstMark\u5408\u5925\u4ebaRick Heitzmann\u8868\u793a\uff1a\u201cIPO\u5e02\u5834\u6b63\u5728\u958b\u555f\uff0c\u98a8\u6295\u5708\u6b63\u7a4d\u6975\u6e96\u5099\u4e0b\u4e00\u8f2a\u4e0a\u5e02\u6f6e\u3002\u201d\u9664IPO\u5916\uff0c\u90e8\u5206\u6a5f\u69cb\u901a\u904e\u4e8c\u7d1a\u5e02\u5834\u4ea4\u6613\u5be6\u73fe\u6d41\u52d5\u6027\uff0c\u5982Meta\u8fd1\u671f\u4ee5140\u5104\u7f8e\u5143\u6536\u8cfcScale AI\u768449%\u80a1\u4efd\u3002<\/p>\n

\u672a\u4f86\u5e02\u5834\u8d70\u52e2\u7684\u95dc\u9375\u8b8a\u91cf\u5305\u62ec\u7f8e\u806f\u5132\u662f\u5426\u964d\u606f\uff0c\u4ee5\u53ca\u7f8e\u570b\u8b49\u76e3\u6703\u662f\u5426\u653e\u5bec\u4e0a\u5e02\u76e3\u7ba1\u898f\u5247\u3002\u666e\u83ef\u6c38\u9053\u7f8e\u570bIPO\u696d\u52d9\u4e3b\u7ba1Mike Bellin\u9810\u8a08\uff0c\u4e0b\u534a\u5e74\u5c07\u6709\u66f4\u591a\u88fd\u85e5\u548c\u91d1\u878d\u79d1\u6280\u516c\u53f8\u4e0a\u5e02\u3002<\/p>\n

\u7136\u800c\uff0c\u5fa9\u8607\u4e4b\u8def\u4ecd\u5b58\u4e0d\u78ba\u5b9a\u6027\u3002\u4eca\u5e744\u6708\uff0cKlarna\u548cStubHub\u7b49\u516c\u53f8\u56e0\u95dc\u7a05\u53ca\u5730\u7de3\u653f\u6cbb\u56e0\u7d20\u63a8\u9072IPO\u8a08\u5283\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"

\u7d93\u6b77\u4e09\u5e74\u5bd2\u51ac\u5f8c\uff0c\u7f8e\u570b\u79d1\u6280\u521d\u5275\u516c\u53f8\u548c\u98a8\u96aa\u6295\u8cc7\u6a5f\u69cb\u7d42\u65bc\u8fce\u4f86\u8f49\u6a5f\u30022025\u5e74\u4e0a\u534a\u5e74\uff0c\u7279\u5225\u662f6\u6708\u4efd\u7684\u4e00\u6ce2\u4e0a\u5e02\u6f6e\uff0c\u70ba\u6c89\u5bc2 […]<\/p>\n","protected":false},"author":9,"featured_media":581941,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[426],"tags":[2144,2410,2109,644,564,574],"class_list":["post-581948","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-news-zh-hant","tag-ipo-zh-hant","tag--zh-hant-2","tag-2109","tag-644","tag-564","tag-574","sectors-life-science-zh-hant","sectors-financial-products-zh-hant","sectors-technology-zh-hant","locations-us-zh-hant","exchange-nasdaq-zh-hant","exchange-nyse-zh-hant"],"acf":[],"_links":{"self":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/581948","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/comments?post=581948"}],"version-history":[{"count":3,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/581948\/revisions"}],"predecessor-version":[{"id":581951,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/581948\/revisions\/581951"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/media\/581941"}],"wp:attachment":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/media?parent=581948"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/categories?post=581948"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/tags?post=581948"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}