三年半毛利率从76.1%转负:智谱赴港“生死时速”

财中社
Jan 06

进入2026年,一路从“百模大战”“AI六小虎”中“厮杀”出来的大模型玩家,资本化之路正在提速。2025年12月底,智谱华章(02513.HK,以下简称“智谱”)与MiniMax(00100.HK)正式通过港交所聆讯,并陆续启动招股,分别于1月8日、1月9日敲锣。其中,智谱更是头顶“全球大模型第一股”光环,成为全球首个以基座大模型为主营业务的上市公司,比OpenAI更进一步——先于其上市。据悉,...

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