三七互娱从游戏跨界AI投资，布局智谱AI、月之暗面等前沿科技公司，旨在以AI技术提升游戏行业生产力。随着智谱AI上市成为“全球大模型第一股”，市值突破578亿港元，彰显其科技转型的初步成效。
智谱科技GLM-4.7模型在WebDev榜单超越GPT-5.2，成为开源大模型第一，被赞为“Claude Code最佳平替”。其卓越的编程能力和灵活性引发网友实测热潮。智谱团队在AMA活动中分享了模型的技术进步细节。
国产大模型企业正密集冲刺上市。壁仞科技、MiniMax和智谱华章近期相继通过港交所聆讯或完成备案，标志着多家头部AI公司进入IPO倒计时。这反映出国产大模型产业正从技术研发阶段迈向商业化与资本化关键节点，行业迎来重要发展拐点。
上海AI独角兽稀宇科技（MiniMax）通过港交所上市聆讯，有望成为首家上市的国产大模型公司。公司对此未予置评。作为行业头部企业，MiniMax获阿里、腾讯等巨头投资，正与智谱AI、月之暗面等竞逐资本市场。
Openai
$2.8
Input tokens/M
$11.2
Output tokens/M
1k
Context Length
Xai
$1.4
$3.5
2k
Anthropic
$105
$525
200
Google
$0.7
$7
$35
$2.1
$17.5
$21
Alibaba
-
$6
$24
256
Baidu
128
Bytedance
$1.2
$3.6
4
$2
$3.9
$15.2
64
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