{"id":608885,"date":"2025-12-09T05:12:50","date_gmt":"2025-12-09T13:12:50","guid":{"rendered":"https:\/\/nai500.com\/?p=608885"},"modified":"2025-12-09T05:12:50","modified_gmt":"2025-12-09T13:12:50","slug":"9-ai","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hant\/blog\/2025\/12\/9-ai\/","title":{"rendered":"9 \u6a94\u642d\u4e0a\u958b\u6e90\u6d6a\u6f6e\u7684\u4e2d\u570b AI \u500b\u80a1"},"content":{"rendered":"

\u4e2d\u570b\u7684\u958b\u6e90\u5927\u578b\u8a9e\u8a00\u6a21\u578b\u5982\u4eca\u5df2\u4f54\u5168\u7403 AI \u4f7f\u7528\u91cf\u8fd1 30%\uff0c\u9019\u80a1\u52d5\u80fd\u7531 Qwen\u3001DeepSeek \u8207 Moonshot AI \u7684\u5feb\u901f\u91cb\u51fa\u63a8\u52d5\u3002\u4e2d\u6587\u63d0\u793a\u8a5e\u7684 token \u91cf\u5df2\u6500\u5347\u81f3\u5168\u7403\u7b2c\u4e8c\u3002\u5c0d\u5168\u7403\u6295\u8cc7\u4eba\u800c\u8a00\uff0c\u8a0a\u606f\u660e\u78ba\uff1a\u4e2d\u570b\u5df2\u5f9e\u5feb\u901f\u8ffd\u96a8\u8005\u8de8\u8d8a\u70ba AI \u7684\u5171\u9818\u5c0e\u8005\u3002\u53d7\u76ca\u8005\u6db5\u84cb\u96f2\u7aef\u3001\u6676\u7247\u3001\u4f3a\u670d\u5668\u3001\u6d88\u8cbb\u88dd\u7f6e\u8207\u96fb\u52d5\u8eca\uff0c\u71df\u6536\u69d3\u687f\u6548\u61c9\u5c07\u5728 2026 \u5e74\u9010\u6b65\u986f\u73fe\u3002<\/p>\n

\u958b\u6e90 AI \u662f\u4e2d\u570b\u7684\u5168\u7403\u7a81\u7834<\/h3>\n

\u5c0d\u4e00\u500b\u4e3b\u8981\u6a21\u578b\u9598\u9053\u6240\u8def\u7531\u7684 100 \u5146 token \u9032\u884c\u7684\u65b0\u5be6\u8b49\u5206\u6790\u986f\u793a\uff0c\u4e2d\u570b\u7684\u958b\u6e90 LLM \u5e02\u5360\u81ea 2024 \u5e74\u5e95\u50c5\u7d04 1.2% \u5728\u6578\u6708\u5167\u6210\u9577\u5230\u8fd1 30%\u3002\u4f7f\u7528\u4ecd\u820a\u5206\u6563\uff0c\u6c92\u6709\u4efb\u4f55\u55ae\u4e00\u6a21\u578b\u8d85\u904e 25% \u7684\u5e02\u5360\uff0c\u4f46\u4e2d\u570b\u7684\u91cb\u51fa\u7bc0\u594f\u683c\u5916\u7a81\u51fa\u3002Qwen \u8207 DeepSeek \u7684\u767c\u4f48\u901f\u5ea6\u8b93\u958b\u767c\u8005\u80fd\u6bd4\u5927\u591a\u6578\u897f\u65b9\u540c\u884c\u66f4\u5feb\u5730\u91cd\u65b0\u8abf\u6574\u5de5\u4f5c\u8ca0\u8f09\u8207\u6210\u672c\u3002\u5be6\u969b\u512a\u52e2\u5728\u65bc\u6548\u7387\uff1a\u958b\u6e90\u964d\u4f4e\u5207\u63db\u6210\u672c\uff0c\u4e26\u8b93\u4f01\u696d\u80fd\u91dd\u5c0d\u672c\u5730\u8cc7\u6599\u5fae\u8abf\u6a21\u578b\uff0c\u5305\u62ec\u76ee\u524d\u7d04\u4f54\u6240\u6709\u8acb\u6c42\u7d04 5% \u7684\u4e2d\u6587\u63d0\u793a\u8a5e\uff0c\u9060\u9ad8\u65bc\u4e2d\u6587\u5728\u516c\u5171\u7db2\u8def\u4e0a 1.1% \u7684\u8db3\u8de1\u3002\u9019\u662f\u4e00\u500b\u6301\u7e8c\u7684\u9700\u6c42\u8a0a\u865f\uff0c\u800c\u975e\u66c7\u82b1\u4e00\u73fe\uff0c\u4e14\u662f\u5728\u7f8e\u570b\u5c0d\u9ad8\u968e GPU \u5be6\u65bd\u9650\u5236\u7684\u60c5\u6cc1\u4e0b\u9054\u6210\u7684\u3002<\/p>\n

\u653f\u7b56\u3001\u898f\u6a21\u8207\u5de5\u7a0b\u52d5\u91cf<\/h3>\n

\u9019\u6ce2\u8df3\u8e8d\u4e26\u975e\u5076\u7136\u3002\u5317\u4eac\u7684\u591a\u5e74\u5275\u65b0\u653f\u7b56\u5df2\u5c07\u904b\u7b97\u53e2\u96c6\u3001\u8cc7\u6599\u6a19\u6e96\u8207\u5b89\u5168\u6846\u67b6\u8207\u5546\u696d\u63a1\u7528\u5c0d\u9f4a\u3002Alibaba Cloud \u7684\u5de5\u7a0b\u5be6\u529b\u3001DeepSeek \u7684\u767c\u5e03\u7bc0\u594f\u4ee5\u53ca Moonshot AI \u7684 Kimi\uff0c\u662f\u53ef\u898b\u7684\u8b49\u660e\u9ede\u3002\u5176\u4e0b\u65b9\u9084\u6709\u80fd\u70ba\u5efa\u8a2d\u63d0\u4f9b\u8cc7\u91d1\u7684\u878d\u8cc7\u5f8c\u76fe\uff1a\u5de5\u5546\u9280\u884c\u4ecd\u4ee5\u7d04 6.7 \u5146\u7f8e\u5143\u8cc7\u7522\u70ba\u5168\u7403\u6700\u5927\u9280\u884c\uff0c\u4e26\u4e14\u5728\u4e2d\u570b\u4f01\u696d\u4e2d\u6700\u70ba\u7372\u5229\uff0c\u63d0\u4f9b\u652f\u6490\u6b21\u4e16\u4ee3\u57fa\u790e\u8a2d\u65bd\u5927\u898f\u6a21\u64f4\u5efa\u7684\u80fd\u529b\u3002\u54c1\u724c\u91cd\u529b\u4e5f\u5f88\u91cd\u8981\uff1aTencent\u3001Alibaba \u7b49\u4f4d\u5217\u4e2d\u570b\u6700\u6709\u50f9\u503c\u54c1\u724c\u4e4b\u5217\uff0c\u5f37\u5316\u4e86\u5728\u6d88\u8cbb\u8207\u4f01\u696d\u901a\u8def\u7684\u5206\u767c\u3002\u570b\u969b\u4e0a\uff0c\u4e2d\u570b\u7684\u5b98\u65b9\u878d\u8cc7\u6b63\u8f49\u5411\u5df2\u958b\u767c\u5e02\u5834\uff0c\u7f8e\u570b\u5728\u904e\u53bb\u4e8c\u5341\u5e74\u4e2d\u6210\u70ba\u4e2d\u570b\u5b98\u65b9\u90e8\u9580\u4fe1\u8cb8\u7684\u6700\u5927\u55ae\u4e00\u63a5\u6536\u570b\uff0c\u70ba\u6578\u4f4d\u57fa\u790e\u8a2d\u65bd\u8207\u670d\u52d9\u63d0\u4f9b\u4e86\u96a8\u4e4b\u800c\u884c\u7684\u901a\u9053\u3002\u9019\u7a2e\u9023\u7d50\u52a0\u901f\u4e86\u8de8\u5883 AI \u7684\u90e8\u7f72\u3002<\/p>\n

\u5c0d\u71df\u6536\u8207\u6bdb\u5229\u7684\u610f\u7fa9<\/h3>\n

\u958b\u6e90\u63a1\u7528\u6703\u900f\u904e\u4e09\u689d\u8def\u5f91\u8f49\u5316\u70ba\u71df\u6536\u3002\u9996\u5148\uff0c\u96f2\u7aef\u4f9b\u61c9\u5546\u53ef\u900f\u904e\u5927\u898f\u6a21\u7684\u5fae\u8abf\u3001\u7de8\u6392\u3001\u5411\u91cf\u641c\u5c0b\u8207\u63a8\u8ad6\u6536\u8cbb\uff0c\u5373\u4fbf\u57fa\u790e\u6a21\u578b\u662f\u514d\u8cbb\u7684\u3002\u8f03\u4f4e\u7684\u6a21\u578b\u6210\u672c\u64f4\u5927\u4e86\u7e3d\u53ef\u670d\u52d9\u4f7f\u7528\u91cf\uff0c\u4e26\u53ef\u63d0\u5347\u908a\u969b\u5de5\u4f5c\u8ca0\u8f09\u7684\u6bdb\u5229\u3002\u7b2c\u4e8c\uff0c\u4f3a\u670d\u5668\u8207\u7db2\u8def\u4f9b\u61c9\u5546\u53d7\u60e0\uff0c\u56e0\u4f01\u696d\u70ba\u4e86\u6210\u672c\u8207\u4e3b\u6b0a\u76ee\u6a19\u800c\u81ea\u884c\u5efa\u7f6e\u5806\u758a\u3002\u7b2c\u4e09\uff0c\u96fb\u5546\u3001\u91d1\u878d\u79d1\u6280\u8207\u51fa\u884c\u7b49\u61c9\u7528\u5c64\u51a0\u8ecd\uff0c\u80fd\u5728\u63a8\u85a6\u3001\u5ba2\u670d\u8207\u81ea\u52d5\u99d5\u99db\u529f\u80fd\u4e2d\u6574\u5408 LLM\uff0c\u800c\u4e0d\u53d7\u5c08\u5c6c\u6388\u6b0a\u7684\u62d6\u7d2f\u30022025 \u4e0b\u534a\u5e74\u4f7f\u7528\u91cf\u7684\u52a0\u901f\u6307\u5411 2026 \u5e74\u7684\u76c8\u9918\u9031\u671f\uff0c\u5c46\u6642\u904b\u7b97\u51fa\u8ca8\u3001\u96f2\u7aef\u5e33\u55ae\u8207\u9644\u5e36 AI \u7684\u670d\u52d9\u7686\u6703\u8f49\u6298\u4e0a\u5347\uff0c\u5c24\u5176\u662f\u5728\u6771\u5357\u4e9e\u3001\u4e2d\u6771\u8207\u62c9\u4e01\u7f8e\u6d32\uff0c\u90a3\u88e1\u56e0\u5728\u5730\u8a9e\u8a00\u8207\u8cc7\u6599\u5728\u5730\u5316\u800c\u504f\u597d\u958b\u6e90\u65b9\u6848\u3002<\/p>\n

\u5177\u6709\u958b\u6e90\u4e0a\u884c\u7a7a\u9593\u7684 9 \u6a94\u4e2d\u570b AI \u6a19\u7684<\/h3>\n

1. Alibaba Group (BABA) \u2014 Qwen \u9818\u5f15\u4e2d\u570b\u7684\u958b\u6e90\u6f6e\u6d41\uff0c\u5feb\u901f\u7684\u767c\u4f48\u9031\u671f\u4f7f\u958b\u767c\u8005\u7684\u6bcf token \u6210\u672c\u7dad\u6301\u4f4e\u6a94\u3002Alibaba \u7684\u96f2\u7aef\u90e8\u9580\u5728 2024 \u5e74\u71df\u6536\u6210\u9577 34%\uff0c\u9054\u4eba\u6c11\u5e63 398 \u5104\u5143\uff0c\u70ba Qwen \u4f7f\u7528\u64f4\u5927\u6642\u64f7\u53d6\u5fae\u8abf\u8207\u63a8\u8ad6\u652f\u51fa\u7684\u5730\u4f4d\u5960\u5b9a\u57fa\u790e\u3002\u5168\u7403\u5f71\u97ff\uff1aQwen \u7684\u53ef\u53ca\u6027\u6b63\u5438\u5f15\u65b0\u8208\u5e02\u5834\u7684\u4e2d\u5c0f\u4f01\u696d\u63a1\u7528\u4f01\u696d\u7b49\u7d1a\u7684 AI\uff0c\u7121\u9700\u5c08\u6709\u6388\u6b0a\u8cbb\u7528\u3002<\/p>\n

2. Tencent Holdings (TCEHY) \u2014 \u5e02\u503c\u7d04 5,938.1 \u5104\u7f8e\u5143\uff0c\u4e26\u4ee5\u54c1\u724c\u50f9\u503c\u70ba\u4e2d\u570b\u7b2c\u4e00\uff0cTencent \u80fd\u5c07\u958b\u6e90 AI \u5206\u767c\u5230 WeChat\u3001\u904a\u6232\u8207\u91d1\u878d\u79d1\u6280\u5834\u666f\u3002\u91cc\u7a0b\u7891\uff1a\u5176\u6d88\u8cbb\u8005\u89f8\u53ca\u8207\u652f\u4ed8\u67b6\u69cb\u4f7f\u5176\u6210\u70ba AI \u4ee3\u7406\u4eba\u7684\u81ea\u7136\u8b8a\u73fe\u8005\uff0c\u800c\u96f2\u7aef\u7522\u54c1\u6574\u5408\u958b\u6e90\u6a21\u578b\u4ee5\u670d\u52d9\u4f01\u696d\u3002\u5168\u7403\u5f71\u97ff\uff1a\u8de8\u5883\u904a\u6232\u8207\u91d1\u878d\u79d1\u6280\u70ba\u5176\u63d0\u4f9b\u8d85\u8d8a\u4e2d\u570b\u5927\u9678\u7684\u6578\u64da\u8207\u5206\u767c\u3002<\/p>\n

3. Baidu Inc. (BIDU) \u2014 Baidu \u7684 PaddlePaddle \u662f\u4e2d\u570b\u6700\u6210\u719f\u7684\u958b\u6e90\u6df1\u5ea6\u5b78\u7fd2\u6846\u67b6\u4e4b\u4e00\uff0c\u652f\u6490\u4e00\u500b\u958b\u767c\u8005\u751f\u614b\uff0c\u70ba ERNIE \u5806\u758a\u8207\u5782\u76f4\u65b9\u6848\u4f9b\u6599\u3002\u91cc\u7a0b\u7891\uff1a\u591a\u5e74\u4f86\u7684\u958b\u6e90\u5de5\u5177\u4f7f Baidu \u5728\u8d0f\u5f97\u4f01\u696d\u6df7\u5408\u90e8\u7f72\u65b9\u9762\u5177\u5099\u69d3\u687f\u3002\u5168\u7403\u5f71\u97ff\uff1a\u4e9e\u592a\u7684\u5340\u57df\u958b\u767c\u8005\u63a1\u7528\u652f\u6490\u4e3b\u6b0a AI \u7684\u5efa\u7f6e\u3002<\/p>\n

4. iFlytek Co. (002230.SZ) \u2014 \u4e2d\u570b\u7684\u8a9e\u97f3 AI \u9818\u5c0e\u8005\uff0c\u6b63\u5728\u5c07 LLM \u5d4c\u5165\u8a9e\u97f3\u52a9\u7406\u3001\u6559\u80b2\u8207\u8fa6\u516c\u5de5\u5177\u3002\u91cc\u7a0b\u7891\uff1a\u5728\u666e\u901a\u8a71\u8207\u65b9\u8a00\u8a9e\u97f3\u6280\u8853\u4e0a\u7684\u9577\u671f\u4e3b\u5c0e\u5730\u4f4d\uff0c\u8b93 iFlytek \u6210\u70ba\u6587\u5b57 LLM \u8207\u591a\u6a21\u614b\u4ecb\u9762\u4e4b\u9593\u7684\u81ea\u7136\u6a4b\u6a11\u3002\u5168\u7403\u5f71\u97ff\uff1a\u591a\u8a9e\u7a2e\u8a9e\u97f3 AI \u964d\u4f4e\u65b0\u8208\u5e02\u5834\u7684\u63a1\u7528\u9580\u6abb\u3002<\/p>\n

5. Inspur Information (000977.SZ) \u2014 \u5168\u7403\u524d\u4e09\u7684\u4f3a\u670d\u5668\u4f9b\u61c9\u5546\u4e4b\u4e00\uff0c\u76f4\u63a5\u53d7\u60e0\u65bc\u70ba\u4e86\u6210\u672c\u8207\u4e3b\u6b0a\u7406\u7531\u800c\u56de\u6d41\u672c\u5730\u7684 AI \u5de5\u4f5c\u8ca0\u8f09\u3002\u91cc\u7a0b\u7891\uff1a\u5728 AI \u512a\u5316\u4f3a\u670d\u5668\u9818\u57df\u7684\u5f37\u52e2\u5e02\u5360\uff0c\u4f7f Inspur \u80fd\u4f9b\u61c9 Qwen \u8207 DeepSeek \u90e8\u7f72\u6240\u9700\u7684\u53e2\u96c6\u3002\u5168\u7403\u5f71\u97ff\uff1a\u4f9b\u61c9\u4e9e\u6d32\u3001EMEA \u8207\u62c9\u7f8e\u7684\u96f2\u7aef\u8207\u4f01\u696d\u8cc7\u6599\u4e2d\u5fc3\u3002<\/p>\n

6. Lenovo Group (LNVGY) \u2014 Lenovo \u6b63\u63a8\u52d5 AI \u500b\u4eba\u96fb\u8166\u8207\u908a\u7de3\u4f3a\u670d\u5668\uff0c\u5c07\u958b\u6e90\u6a21\u578b\u76f4\u63a5\u5e36\u5230\u7aef\u9ede\u3002\u91cc\u7a0b\u7891\uff1a\u4f5c\u70ba\u5168\u7403\u6700\u5927\u7684 PC \u88fd\u9020\u5546\uff0cLenovo \u80fd\u9810\u5148\u5b89\u88dd\u6a21\u578b\u57f7\u884c\u6642\u74b0\u5883\u8207\u52a0\u901f\u5668\uff0c\u4ee5\u964d\u4f4e\u96f2\u7aef\u6210\u672c\u3002\u5168\u7403\u5f71\u97ff\uff1a\u5168\u7403\u901a\u8def\u8986\u84cb\u628a\u4e2d\u570b\u7684\u958b\u6e90\u5275\u65b0\u8f49\u5316\u70ba\u5168\u7403\u88dd\u7f6e\u9ad4\u9a57\u3002<\/p>\n

7. Cambricon Technologies (688256.SH) \u2014 Cambricon \u7684 NPU \u91dd\u5c0d\u8cc7\u6599\u4e2d\u5fc3\u8207\u908a\u7de3\u63a8\u8ad6\uff0c\u70ba\u4e2d\u570b\u4f01\u696d\u63d0\u4f9b\u570b\u7522\u7684\u904b\u7b97\u9014\u5f91\u3002\u91cc\u7a0b\u7891\uff1a\u5411\u4f3a\u670d\u5668\u8207\u5d4c\u5165\u5f0f\u76d2\u5b50\u51fa\u8ca8\u52a0\u901f\u5668\uff0c\u4f7f\u5176\u80fd\u6709\u6548\u57f7\u884c\u958b\u6e90 LLM\u3002\u5168\u7403\u5f71\u97ff\uff1a\u5c07\u5168\u7403 AI \u4f9b\u61c9\u93c8\u5f9e\u55ae\u4e00\u4f9b\u61c9\u5546 GPU \u4f9d\u8cf4\u4e2d\u5206\u6563\u3002<\/p>\n

8. Kingsoft Cloud (KC) \u2014 \u63d0\u4f9b\u6210\u672c\u512a\u5316\u7684\u96f2\u7aef\u670d\u52d9\uff0c\u6574\u5408\u958b\u6e90\u6a21\u578b\u5806\u758a\u4ee5\u670d\u52d9\u4e2d\u570b\u8207\u570b\u969b\u5ba2\u6236\u3002\u91cc\u7a0b\u7891\uff1a\u7d50\u5408\u5132\u5b58\u3001\u5411\u91cf\u8cc7\u6599\u5eab\u8207\u6a21\u578b\u7de8\u6392\u7684\u6df7\u5408\u89e3\u6c7a\u65b9\u6848\u3002\u5168\u7403\u5f71\u97ff\uff1a\u662f\u6771\u5357\u4e9e\u5efa\u69cb\u4e3b\u6b0a AI \u7684\u81ea\u7136\u5408\u4f5c\u5925\u4f34\u3002<\/p>\n

9. BYD Company (BYDDY) \u2014 \u9019\u5bb6\u96fb\u52d5\u8eca\u51a0\u8ecd\u6b63\u5c07\u8eca\u8f1b\u6ce8\u5165\u8eca\u8f09 AI\uff0c\u7528\u65bc\u8cc7\u8a0a\u5a1b\u6a02\u3001\u99d5\u99db\u52a9\u624b\u8207\u80fd\u91cf\u512a\u5316\u3002\u91cc\u7a0b\u7891\uff1aFinDreams Battery \u6301\u6709\u5168\u7403\u96fb\u52d5\u8eca\u96fb\u6c60 17% \u7684\u5e02\u5360\uff0c\u4e14 BYD \u5728 2024 \u5e74\u7684 Fortune Global 500 \u6392\u540d\u7b2c 143\u3002\u5168\u7403\u5f71\u97ff\uff1a\u898f\u6a21\u5316\u8f38\u51fa\u5177 AI \u80fd\u529b\u7684\u96fb\u52d5\u8eca\uff0c\u70ba BYD \u63d0\u4f9b\u5f37\u5927\u7684\u6578\u64da\u8207\u8edf\u9ad4\u98db\u8f2a\u6548\u61c9\u3002<\/p>\n

\u70ba\u4ec0\u9ebc\u958b\u6e90 AI \u9069\u5408\u65b0\u8208\u5e02\u5834<\/h3>\n

\u7d93\u6fdf\u908f\u8f2f\u543b\u5408\u3002\u958b\u6e90 LLM \u964d\u4f4e\u7e3d\u64c1\u6709\u6210\u672c\uff0c\u5141\u8a31\u8a9e\u8a00\u5ba2\u88fd\u5316\uff0c\u4e26\u900f\u904e\u5c07\u654f\u611f\u8cc7\u6599\u4fdd\u7559\u5728\u672c\u5730\u4ee5\u6700\u5c0f\u5316\u76e3\u7ba1\u6469\u64e6\u3002\u9019\u4e5f\u662f\u70ba\u4f55\u4e2d\u6587\u63d0\u793a\u8a5e\u5118\u7ba1\u5728\u7db2\u8def\u4e0a\u7684\u5360\u6bd4\u8f03\u5c0f\uff0c\u537b\u5df2\u6210\u70ba\u5168\u7403\u7b2c\u4e8c\u5927\u63d0\u793a\u8a9e\u8a00\uff1a\u958b\u767c\u8005\u6b63\u5728\u4e9e\u6d32\u53ca\u5176\u4ed6\u5730\u5340\u89e3\u6c7a\u91d1\u878d\u3001\u7269\u6d41\u8207\u653f\u5e9c\u670d\u52d9\u7b49\u771f\u5be6\u5de5\u4f5c\u8ca0\u8f09\u3002\u5831\u544a\u7684 token \u5206\u5e03\u986f\u793a\u5728\u65b0\u52a0\u5761\u8207\u5fb7\u570b\u7b49\u6a1e\u7d10\u63a1\u7528\u66f4\u5f37\uff0c\u4e2d\u570b\u6309 token \u4efd\u984d\u6392\u540d\u7b2c\u56db\uff0c\u51f8\u986f\u9019\u662f\u4e00\u500b\u8de8\u5883\u73fe\u8c61\u3002\u518d\u52a0\u4e0a\u4e2d\u570b\u5728\u88dd\u7f6e\u8207\u6c7d\u8eca\u51fa\u53e3\u7684\u898f\u6a21\uff0c\u7d50\u679c\u662f\u5f9e\u6a21\u578b\u3001\u6676\u7247\u5230\u7aef\u9ede\u7684\u7aef\u5230\u7aef AI \u4ea4\u4ed8\u7cfb\u7d71\u3002<\/p>\n

\u98a8\u96aa\u3001\u4f30\u503c\u8207\u5982\u4f55\u5e03\u5c40<\/h3>\n

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2025 \u5e74\u7b2c 4 \u5b63\u503c\u5f97\u6ce8\u610f\u7684\u4e8b\u9805<\/h3>\n

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