全球AI领域正经历资本与基建的双重热潮。OpenAI估值半年内飙升70%，达到8500亿美元，展现强劲资本溢价能力。同时，印度也开启大规模AI算力竞赛，行业竞争加剧。
OpenAI调整长期资本支出规划，将算力支出目标从1.4万亿美元下调至6000亿美元，时间延长至2030年。公司预计到2030年总营收将超过2800亿美元，并明确了未来几年的发展时间表。
OpenAI宣布2026年核心战略转向“务实采纳”，致力于缩小AI能力与用户实际需求间的差距。尽管基础设施投入已达约1.4万亿美元，公司仍将聚焦提升技术实用价值，推动AI更广泛落地应用。
汇丰银行报告称，OpenAI面临巨大资金压力，2030年前需融资至少2070亿美元（约1.47万亿元人民币），以支撑庞大算力需求。资金缺口源于与微软和亚马逊的合作，分别签订2500亿和380亿美元云计算协议，合同算力总量达36吉瓦。
Google
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