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AI算力狂欢第一次出现降温信号

当前时间： 2026-07-12 03:48:37 分类：办公文件 评论(0)
AI算力狂欢第一次出现降温信号

AI算力狂欢第一次出现降温信号

前两天看多SK海力士，今天看看不一样的声音——AI这场资本盛宴，真的稳吗？🤔

📉 Token支出指数5月见顶后回落近20%，AI硬件景气度罕见降温
💸 Meta被曝出租闲置算力，企业开始严格控AI账单
🧮 红杉资本测算：今年全球AI基建投入1.5万亿美元，要3万亿收入才能回本
📊 现实是：Anthropic ARR 600亿，OpenAI收入130亿，缺口依然巨大
⚠️ 开源模型冲击+推理成本下降，token价格还在持续走低

不是说AI没用了，而是资本市场开始要”利润”而不是”故事”了。你觉得这轮AI基建投入，最后是集体兑现还是集体挤泡沫？

#AI泡沫 #算力股 #Token经济 #科技财经 #投资风险 #科技深度 #科技速递

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  140. /yingpanguazai/ssd/ssd1/www/wwww.yeyulingfeng.com/vendor/topthink/framework/src/think/contract/TemplateHandlerInterface.php ( 1.60 KB )
  141. /yingpanguazai/ssd/ssd1/www/wwww.yeyulingfeng.com/vendor/topthink/think-template/src/Template.php ( 46.61 KB )
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  144. /yingpanguazai/ssd/ssd1/www/wwww.yeyulingfeng.com/runtime/temp/c935550e3e8a3a4c27dd94e439343fdf.php ( 31.50 KB )
  145. /yingpanguazai/ssd/ssd1/www/wwww.yeyulingfeng.com/vendor/topthink/think-trace/src/Html.php ( 4.42 KB )
  1. CONNECT:[ UseTime:0.001085s ] mysql:host=127.0.0.1;port=3306;dbname=wenku;charset=utf8mb4
  2. SHOW FULL COLUMNS FROM `fenlei` [ RunTime:0.001600s ]
  3. SELECT * FROM `fenlei` WHERE `fid` = 0 [ RunTime:0.001410s ]
  4. SELECT * FROM `fenlei` WHERE `fid` = 63 [ RunTime:0.000666s ]
  5. SHOW FULL COLUMNS FROM `set` [ RunTime:0.001271s ]
  6. SELECT * FROM `set` [ RunTime:0.000579s ]
  7. SHOW FULL COLUMNS FROM `article` [ RunTime:0.001451s ]
  8. SELECT * FROM `article` WHERE `id` = 855838 LIMIT 1 [ RunTime:0.000924s ]
  9. UPDATE `article` SET `lasttime` = 1783801183 WHERE `id` = 855838 [ RunTime:0.018558s ]
  10. SELECT * FROM `fenlei` WHERE `id` = 64 LIMIT 1 [ RunTime:0.004968s ]
  11. SELECT * FROM `article` WHERE `id` < 855838 ORDER BY `id` DESC LIMIT 1 [ RunTime:0.001234s ]
  12. SELECT * FROM `article` WHERE `id` > 855838 ORDER BY `id` ASC LIMIT 1 [ RunTime:0.001116s ]
  13. SELECT * FROM `article` WHERE `id` < 855838 ORDER BY `id` DESC LIMIT 10 [ RunTime:0.002392s ]
  14. SELECT * FROM `article` WHERE `id` < 855838 ORDER BY `id` DESC LIMIT 10,10 [ RunTime:0.001851s ]
  15. SELECT * FROM `article` WHERE `id` < 855838 ORDER BY `id` DESC LIMIT 20,10 [ RunTime:0.002373s ]
0.175748s