《大行》汇丰研究维持智谱(02513.HK)“持有”评级 大型语言模型市场竞争加剧

阿斯达克财经
Sep 04

汇丰研究发表报告指,智谱(02513.HK) 正预训练较大参数模型,计划于今年稍后推出,模型迭代节奏将进一步加快;其模型系列包括擅长复杂及长周期任务的旗舰模型,以及定价更低、速度更快的flash版本。该行认为,目前需求仍然强劲,甚至超出现有算力可服务范围,因此12月年度经常性收入24亿美元的指引属保守;Token定价相对美国同业仍有可观上调空间,GLM-5.3基本输入及输出价格仅相当于Claude...

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