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10-10 01:21

现在稍微有点风吹草动就跌一下，说明市场信心还是不足，这倒也是好事，如果市场超级狂热，问题更大

相差200亿！OpenAI营收被爆巨大预期差，AI板块遭重创，甲骨文跌逾5%，应用光电暴跌13%

2022-08-01

$DiDi Global Inc.(DIDIY)$环球账户不能交易了，这怎么转出去啊

2020-02-10

$中国医疗集团(08225)$ **三兄弟：中国医疗集团、精优药业、大健康

2020-02-04

$中国医疗集团(08225)$ 100%是个心理关口

2020-02-03

$中国医疗集团(08225)$ A股医药全线涨停，没什么可买的了

2016-08-18

$网易(NTES)$ 不值213，会跌的

2016-08-09

$微博(WB)$ 目标50

2016-07-05

$网易(NTES)$ 瞎几把涨终究是要跌的

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05:23","market":"fut","language":"zh","title":"相差200亿！OpenAI营收被爆巨大预期差，AI板块遭重创，甲骨文跌逾5%，应用光电暴跌13%","url":"https://stock-news.laohu8.com/highlight/detail?id=2674741888","media":"华尔街见闻","summary":"OpenAI年化营收远低于市场此前流传的数字，引发AI概念股大规模抛售，纳斯达克指数当日收跌逾1%，投资者对AI需求持续高景气的判断正面临严峻考验。10月8日英国《金融时报》报道，OpenAI在最新投资者文件中显示，截至9月底的年化收入\"接近500亿美元\"，远低于上月末市场广泛引用的700亿美元预期。消息公布后，美国科技股当日大幅下挫，纳斯达克指数收跌1.4%。AI板块普遍重挫。云服务股Nebius和CoreWeave双双跌超7%，光互联股应用$光电$暴跌13%，Coherent跌7%。","content":"<html><head></head><body><p style=\"text-align: left;\">OpenAI年化营收远低于市场此前流传的数字，引发AI概念股大规模抛售，纳斯达克指数当日收跌逾1%，投资者对AI需求持续高景气的判断正面临严峻考验。</p><p style=\"text-align: left;\">10月8日英国《金融时报》报道，OpenAI在最新投资者文件中显示，<strong>截至9月底的年化收入&#34;接近500亿美元&#34;，远低于上月末市场广泛引用的700亿美元预期</strong>。</p><p style=\"text-align: left;\">针对《金融时报》披露的年化收入数据，CNBC 随后也向相关方求证并证实了该数据的准确性。</p><p style=\"text-align: left;\"><strong>报道指出，这一缺口规模之大，&#34;很可能打击市场对AI需求增长的乐观情绪&#34;。</strong>消息公布后，美国科技股当日大幅下挫，纳斯达克指数收跌1.4%。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0145bce5ff5867cdc7bd8903d0643d3e\" data-align=\"center\" tg-width=\"1024\" tg-height=\"691\"/><span></span></p><p style=\"text-align: left;\">AI板块普遍重挫。英伟达当日跌约3%，甲骨文跌逾5.5%，AMD、<a href=\"https://laohu8.com/S/600455\">博通</a>、英特尔及超微电脑跌幅均在4%至6%之间。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f5b3e01e9b18971d35c8ec3533cf3887\" data-align=\"center\" tg-width=\"1024\" tg-height=\"655\"/><span></span></p><p style=\"text-align: left;\"><strong>数据中心股和光互联股重挫</strong>。云服务股Nebius和CoreWeave双双跌超7%，光互联股应用<a href=\"https://laohu8.com/S/600184\">光电</a>暴跌13%，Coherent跌7%。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6d253fe185ac71aeefc7f7541339bef5\" data-align=\"center\" tg-width=\"1024\" tg-height=\"644\"/><span></span></p><p style=\"text-align: left;\">此次营收数据落差对市场的打击，不仅在于数字本身，更动摇了支撑AI巨量资本开支叙事的核心逻辑，AI终端需求是否真的如此旺盛。更重要的是，这一预期差出现在Token成本持续走低的背景下。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9c20f2cc9ab0e46d2217b7a012f478e2\" data-align=\"center\" tg-width=\"1024\" tg-height=\"639\"/><span></span></p><h2 style=\"text-align: left;\">数字出入源于口径差异</h2><p style=\"text-align: left;\">10月8日媒体援引知情人士透露，此次营收数字的巨大出入，根源在于OpenAI与竞争对手Anthropic在计算年化营收时采用了不同口径。</p><p style=\"text-align: left;\">Anthropic在其年化营收统计中纳入了通过亚马逊AWS、谷歌云等云合作伙伴渠道产生的收入，即&#34;总收入&#34;口径；而<strong>OpenAI的年化营收数字仅统计其自身直接产生的收入，不包含合作伙伴渠道的销售额。</strong></p><p style=\"text-align: left;\"><strong>据报道，OpenAI的投资者为了在两家公司之间进行横向比较，曾尝试将OpenAI的数据进行&#34;口径还原&#34;，由此催生了此前流传的约700亿美元数字。</strong></p><p style=\"text-align: left;\">然而，经过OpenAI最新一次正式投资者简报的澄清，市场方才意识到此前广泛引用的数字存在重大误导。</p><p style=\"text-align: left;\">报道指出，<strong>OpenAI的最新文件显示，7月底公司年化营收约为300亿美元，而非此前报道的约400亿美元；但公司同步展示了强劲的增速，第三季度整体运营收入同比增长77%，企业业务同比增长107%。</strong></p><p style=\"text-align: left;\">OpenAI本身对外宣称拒绝置评，作为私人公司，它不负有定期公开披露财务数据的义务。</p><h2 style=\"text-align: left;\">估值压力骤增，IPO前景蒙阴</h2><p style=\"text-align: left;\">此次营收数据的修正，发生在OpenAI最为关键的市值构建窗口期，时机格外敏感。</p><p style=\"text-align: left;\">OpenAI目前正与投资者洽谈新一轮融资，该轮融资可能将公司估值定格在约1.4万亿美元，且此前已有报道称公司拟募资约300亿美元，但相关条款尚未最终确定。</p><p style=\"text-align: left;\">就在今年3月，OpenAI刚刚完成了一轮规模达1220亿美元的历史性融资，公司首席财务官Sarah Friar上周表示公司&#34;资本充裕&#34;。</p><p style=\"text-align: left;\">然而，OpenAI预计到2030年将累计亏损约2800亿美元，而其估值高达8520亿美元，如何向投资者证明自身的成长轨迹，是公司不得不面对的核心课题。</p><p style=\"text-align: left;\">OpenAI已于今年6月秘密向监管机构提交了IPO申请，外界普遍预期其将于2027年正式上市。首席执行官Sam Altman在9月表示，&#34;眼下并非上市的明智时机&#34;，理由之一是AI安全方面的持续争议。</p><p style=\"text-align: left;\">公司近期已宣布暂停旗下GPT-6.1 Astra模型的发布计划，原因是该模型未能达到内部安全标准。</p><h2 style=\"text-align: left;\">Anthropic同样承压，AI大模型IPO叙事整体遇冷</h2><p style=\"text-align: left;\">与OpenAI形成鲜明对比的是，Anthropic此前于8月披露截至7月底年化营收运行率已达650亿美元，彼时外界对其估值预期高达2万亿美元，公司正积极与潜在投资者接触，为IPO做准备。</p><p style=\"text-align: left;\">然而，独立财经研究机构New Constructs本周二发布报告，直接将Anthropic的拟议上市称为&#34;2026年最荒谬的IPO&#34;，认为公司实际价值仅约1500亿美元。</p><p style=\"text-align: left;\">据招股书显示，Anthropic 2025年营收为46亿美元，同期净亏损高达420亿美元。</p><p style=\"text-align: left;\">OpenAI与Anthropic的营收数据相继被置于放大镜下审视，折射出市场对整个大模型赛道商业化进程的深层疑虑。</p><p style=\"text-align: left;\">英国《金融时报》指出，这两家公司的年化营收数据，被视为衡量全球AI需求最重要的单一指标，直接支撑着大量AI基础设施投资决策和公共股票市场的估值逻辑。</p><p style=\"text-align: left;\">当核心数据出现如此量级的落差，市场重新定价的压力将不可避免地传导至整个产业链。</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>相差200亿！OpenAI营收被爆巨大预期差，AI板块遭重创，甲骨文跌逾5%，应用光电暴跌13%</title>\n<style 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margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n相差200亿！OpenAI营收被爆巨大预期差，AI板块遭重创，甲骨文跌逾5%，应用光电暴跌13%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1084101182\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/66809d1f5c2e43e2bdf15820c6d6897e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">华尔街见闻 </p>\n<p class=\"h-time\">2026-10-09 05:23</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p style=\"text-align: left;\">OpenAI年化营收远低于市场此前流传的数字，引发AI概念股大规模抛售，纳斯达克指数当日收跌逾1%，投资者对AI需求持续高景气的判断正面临严峻考验。</p><p style=\"text-align: left;\">10月8日英国《金融时报》报道，OpenAI在最新投资者文件中显示，<strong>截至9月底的年化收入&#34;接近500亿美元&#34;，远低于上月末市场广泛引用的700亿美元预期</strong>。</p><p style=\"text-align: left;\">针对《金融时报》披露的年化收入数据，CNBC 随后也向相关方求证并证实了该数据的准确性。</p><p style=\"text-align: left;\"><strong>报道指出，这一缺口规模之大，&#34;很可能打击市场对AI需求增长的乐观情绪&#34;。</strong>消息公布后，美国科技股当日大幅下挫，纳斯达克指数收跌1.4%。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0145bce5ff5867cdc7bd8903d0643d3e\" data-align=\"center\" tg-width=\"1024\" tg-height=\"691\"/><span></span></p><p style=\"text-align: left;\">AI板块普遍重挫。英伟达当日跌约3%，甲骨文跌逾5.5%，AMD、<a href=\"https://laohu8.com/S/600455\">博通</a>、英特尔及超微电脑跌幅均在4%至6%之间。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f5b3e01e9b18971d35c8ec3533cf3887\" data-align=\"center\" tg-width=\"1024\" tg-height=\"655\"/><span></span></p><p style=\"text-align: left;\"><strong>数据中心股和光互联股重挫</strong>。云服务股Nebius和CoreWeave双双跌超7%，光互联股应用<a href=\"https://laohu8.com/S/600184\">光电</a>暴跌13%，Coherent跌7%。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6d253fe185ac71aeefc7f7541339bef5\" data-align=\"center\" tg-width=\"1024\" tg-height=\"644\"/><span></span></p><p style=\"text-align: left;\">此次营收数据落差对市场的打击，不仅在于数字本身，更动摇了支撑AI巨量资本开支叙事的核心逻辑，AI终端需求是否真的如此旺盛。更重要的是，这一预期差出现在Token成本持续走低的背景下。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9c20f2cc9ab0e46d2217b7a012f478e2\" data-align=\"center\" tg-width=\"1024\" tg-height=\"639\"/><span></span></p><h2 style=\"text-align: left;\">数字出入源于口径差异</h2><p style=\"text-align: left;\">10月8日媒体援引知情人士透露，此次营收数字的巨大出入，根源在于OpenAI与竞争对手Anthropic在计算年化营收时采用了不同口径。</p><p style=\"text-align: left;\">Anthropic在其年化营收统计中纳入了通过亚马逊AWS、谷歌云等云合作伙伴渠道产生的收入，即&#34;总收入&#34;口径；而<strong>OpenAI的年化营收数字仅统计其自身直接产生的收入，不包含合作伙伴渠道的销售额。</strong></p><p style=\"text-align: left;\"><strong>据报道，OpenAI的投资者为了在两家公司之间进行横向比较，曾尝试将OpenAI的数据进行&#34;口径还原&#34;，由此催生了此前流传的约700亿美元数字。</strong></p><p style=\"text-align: left;\">然而，经过OpenAI最新一次正式投资者简报的澄清，市场方才意识到此前广泛引用的数字存在重大误导。</p><p style=\"text-align: left;\">报道指出，<strong>OpenAI的最新文件显示，7月底公司年化营收约为300亿美元，而非此前报道的约400亿美元；但公司同步展示了强劲的增速，第三季度整体运营收入同比增长77%，企业业务同比增长107%。</strong></p><p style=\"text-align: left;\">OpenAI本身对外宣称拒绝置评，作为私人公司，它不负有定期公开披露财务数据的义务。</p><h2 style=\"text-align: left;\">估值压力骤增，IPO前景蒙阴</h2><p style=\"text-align: left;\">此次营收数据的修正，发生在OpenAI最为关键的市值构建窗口期，时机格外敏感。</p><p style=\"text-align: left;\">OpenAI目前正与投资者洽谈新一轮融资，该轮融资可能将公司估值定格在约1.4万亿美元，且此前已有报道称公司拟募资约300亿美元，但相关条款尚未最终确定。</p><p style=\"text-align: left;\">就在今年3月，OpenAI刚刚完成了一轮规模达1220亿美元的历史性融资，公司首席财务官Sarah Friar上周表示公司&#34;资本充裕&#34;。</p><p style=\"text-align: left;\">然而，OpenAI预计到2030年将累计亏损约2800亿美元，而其估值高达8520亿美元，如何向投资者证明自身的成长轨迹，是公司不得不面对的核心课题。</p><p style=\"text-align: left;\">OpenAI已于今年6月秘密向监管机构提交了IPO申请，外界普遍预期其将于2027年正式上市。首席执行官Sam Altman在9月表示，&#34;眼下并非上市的明智时机&#34;，理由之一是AI安全方面的持续争议。</p><p style=\"text-align: left;\">公司近期已宣布暂停旗下GPT-6.1 Astra模型的发布计划，原因是该模型未能达到内部安全标准。</p><h2 style=\"text-align: left;\">Anthropic同样承压，AI大模型IPO叙事整体遇冷</h2><p style=\"text-align: left;\">与OpenAI形成鲜明对比的是，Anthropic此前于8月披露截至7月底年化营收运行率已达650亿美元，彼时外界对其估值预期高达2万亿美元，公司正积极与潜在投资者接触，为IPO做准备。</p><p style=\"text-align: left;\">然而，独立财经研究机构New Constructs本周二发布报告，直接将Anthropic的拟议上市称为&#34;2026年最荒谬的IPO&#34;，认为公司实际价值仅约1500亿美元。</p><p style=\"text-align: left;\">据招股书显示，Anthropic 2025年营收为46亿美元，同期净亏损高达420亿美元。</p><p style=\"text-align: left;\">OpenAI与Anthropic的营收数据相继被置于放大镜下审视，折射出市场对整个大模型赛道商业化进程的深层疑虑。</p><p style=\"text-align: left;\">英国《金融时报》指出，这两家公司的年化营收数据，被视为衡量全球AI需求最重要的单一指标，直接支撑着大量AI基础设施投资决策和公共股票市场的估值逻辑。</p><p style=\"text-align: left;\">当核心数据出现如此量级的落差，市场重新定价的压力将不可避免地传导至整个产业链。</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/042bf15c0077d603424f111d4bf49f8c","relate_stocks":{"NVDD":"1倍做空NVDA 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随后也向相关方求证并证实了该数据的准确性。报道指出，这一缺口规模之大，\"很可能打击市场对AI需求增长的乐观情绪\"。消息公布后，美国科技股当日大幅下挫，纳斯达克指数收跌1.4%。AI板块普遍重挫。英伟达当日跌约3%，甲骨文跌逾5.5%，AMD、博通、英特尔及超微电脑跌幅均在4%至6%之间。数据中心股和光互联股重挫。云服务股Nebius和CoreWeave双双跌超7%，光互联股应用光电暴跌13%，Coherent跌7%。此次营收数据落差对市场的打击，不仅在于数字本身，更动摇了支撑AI巨量资本开支叙事的核心逻辑，AI终端需求是否真的如此旺盛。更重要的是，这一预期差出现在Token成本持续走低的背景下。数字出入源于口径差异10月8日媒体援引知情人士透露，此次营收数字的巨大出入，根源在于OpenAI与竞争对手Anthropic在计算年化营收时采用了不同口径。Anthropic在其年化营收统计中纳入了通过亚马逊AWS、谷歌云等云合作伙伴渠道产生的收入，即\"总收入\"口径；而OpenAI的年化营收数字仅统计其自身直接产生的收入，不包含合作伙伴渠道的销售额。据报道，OpenAI的投资者为了在两家公司之间进行横向比较，曾尝试将OpenAI的数据进行\"口径还原\"，由此催生了此前流传的约700亿美元数字。然而，经过OpenAI最新一次正式投资者简报的澄清，市场方才意识到此前广泛引用的数字存在重大误导。报道指出，OpenAI的最新文件显示，7月底公司年化营收约为300亿美元，而非此前报道的约400亿美元；但公司同步展示了强劲的增速，第三季度整体运营收入同比增长77%，企业业务同比增长107%。OpenAI本身对外宣称拒绝置评，作为私人公司，它不负有定期公开披露财务数据的义务。估值压力骤增，IPO前景蒙阴此次营收数据的修正，发生在OpenAI最为关键的市值构建窗口期，时机格外敏感。OpenAI目前正与投资者洽谈新一轮融资，该轮融资可能将公司估值定格在约1.4万亿美元，且此前已有报道称公司拟募资约300亿美元，但相关条款尚未最终确定。就在今年3月，OpenAI刚刚完成了一轮规模达1220亿美元的历史性融资，公司首席财务官Sarah Friar上周表示公司\"资本充裕\"。然而，OpenAI预计到2030年将累计亏损约2800亿美元，而其估值高达8520亿美元，如何向投资者证明自身的成长轨迹，是公司不得不面对的核心课题。OpenAI已于今年6月秘密向监管机构提交了IPO申请，外界普遍预期其将于2027年正式上市。首席执行官Sam Altman在9月表示，\"眼下并非上市的明智时机\"，理由之一是AI安全方面的持续争议。公司近期已宣布暂停旗下GPT-6.1 Astra模型的发布计划，原因是该模型未能达到内部安全标准。Anthropic同样承压，AI大模型IPO叙事整体遇冷与OpenAI形成鲜明对比的是，Anthropic此前于8月披露截至7月底年化营收运行率已达650亿美元，彼时外界对其估值预期高达2万亿美元，公司正积极与潜在投资者接触，为IPO做准备。然而，独立财经研究机构New Constructs本周二发布报告，直接将Anthropic的拟议上市称为\"2026年最荒谬的IPO\"，认为公司实际价值仅约1500亿美元。据招股书显示，Anthropic 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05:23","market":"fut","language":"zh","title":"相差200亿！OpenAI营收被爆巨大预期差，AI板块遭重创，甲骨文跌逾5%，应用光电暴跌13%","url":"https://stock-news.laohu8.com/highlight/detail?id=2674741888","media":"华尔街见闻","summary":"OpenAI年化营收远低于市场此前流传的数字，引发AI概念股大规模抛售，纳斯达克指数当日收跌逾1%，投资者对AI需求持续高景气的判断正面临严峻考验。10月8日英国《金融时报》报道，OpenAI在最新投资者文件中显示，截至9月底的年化收入\"接近500亿美元\"，远低于上月末市场广泛引用的700亿美元预期。消息公布后，美国科技股当日大幅下挫，纳斯达克指数收跌1.4%。AI板块普遍重挫。云服务股Nebius和CoreWeave双双跌超7%，光互联股应用$光电$暴跌13%，Coherent跌7%。","content":"<html><head></head><body><p style=\"text-align: left;\">OpenAI年化营收远低于市场此前流传的数字，引发AI概念股大规模抛售，纳斯达克指数当日收跌逾1%，投资者对AI需求持续高景气的判断正面临严峻考验。</p><p style=\"text-align: left;\">10月8日英国《金融时报》报道，OpenAI在最新投资者文件中显示，<strong>截至9月底的年化收入&#34;接近500亿美元&#34;，远低于上月末市场广泛引用的700亿美元预期</strong>。</p><p style=\"text-align: left;\">针对《金融时报》披露的年化收入数据，CNBC 随后也向相关方求证并证实了该数据的准确性。</p><p style=\"text-align: left;\"><strong>报道指出，这一缺口规模之大，&#34;很可能打击市场对AI需求增长的乐观情绪&#34;。</strong>消息公布后，美国科技股当日大幅下挫，纳斯达克指数收跌1.4%。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0145bce5ff5867cdc7bd8903d0643d3e\" data-align=\"center\" tg-width=\"1024\" tg-height=\"691\"/><span></span></p><p style=\"text-align: left;\">AI板块普遍重挫。英伟达当日跌约3%，甲骨文跌逾5.5%，AMD、<a href=\"https://laohu8.com/S/600455\">博通</a>、英特尔及超微电脑跌幅均在4%至6%之间。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f5b3e01e9b18971d35c8ec3533cf3887\" data-align=\"center\" tg-width=\"1024\" tg-height=\"655\"/><span></span></p><p style=\"text-align: left;\"><strong>数据中心股和光互联股重挫</strong>。云服务股Nebius和CoreWeave双双跌超7%，光互联股应用<a href=\"https://laohu8.com/S/600184\">光电</a>暴跌13%，Coherent跌7%。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6d253fe185ac71aeefc7f7541339bef5\" data-align=\"center\" tg-width=\"1024\" tg-height=\"644\"/><span></span></p><p style=\"text-align: left;\">此次营收数据落差对市场的打击，不仅在于数字本身，更动摇了支撑AI巨量资本开支叙事的核心逻辑，AI终端需求是否真的如此旺盛。更重要的是，这一预期差出现在Token成本持续走低的背景下。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9c20f2cc9ab0e46d2217b7a012f478e2\" data-align=\"center\" tg-width=\"1024\" tg-height=\"639\"/><span></span></p><h2 style=\"text-align: left;\">数字出入源于口径差异</h2><p style=\"text-align: left;\">10月8日媒体援引知情人士透露，此次营收数字的巨大出入，根源在于OpenAI与竞争对手Anthropic在计算年化营收时采用了不同口径。</p><p style=\"text-align: left;\">Anthropic在其年化营收统计中纳入了通过亚马逊AWS、谷歌云等云合作伙伴渠道产生的收入，即&#34;总收入&#34;口径；而<strong>OpenAI的年化营收数字仅统计其自身直接产生的收入，不包含合作伙伴渠道的销售额。</strong></p><p style=\"text-align: left;\"><strong>据报道，OpenAI的投资者为了在两家公司之间进行横向比较，曾尝试将OpenAI的数据进行&#34;口径还原&#34;，由此催生了此前流传的约700亿美元数字。</strong></p><p style=\"text-align: left;\">然而，经过OpenAI最新一次正式投资者简报的澄清，市场方才意识到此前广泛引用的数字存在重大误导。</p><p style=\"text-align: left;\">报道指出，<strong>OpenAI的最新文件显示，7月底公司年化营收约为300亿美元，而非此前报道的约400亿美元；但公司同步展示了强劲的增速，第三季度整体运营收入同比增长77%，企业业务同比增长107%。</strong></p><p style=\"text-align: left;\">OpenAI本身对外宣称拒绝置评，作为私人公司，它不负有定期公开披露财务数据的义务。</p><h2 style=\"text-align: left;\">估值压力骤增，IPO前景蒙阴</h2><p style=\"text-align: left;\">此次营收数据的修正，发生在OpenAI最为关键的市值构建窗口期，时机格外敏感。</p><p style=\"text-align: left;\">OpenAI目前正与投资者洽谈新一轮融资，该轮融资可能将公司估值定格在约1.4万亿美元，且此前已有报道称公司拟募资约300亿美元，但相关条款尚未最终确定。</p><p style=\"text-align: left;\">就在今年3月，OpenAI刚刚完成了一轮规模达1220亿美元的历史性融资，公司首席财务官Sarah Friar上周表示公司&#34;资本充裕&#34;。</p><p style=\"text-align: left;\">然而，OpenAI预计到2030年将累计亏损约2800亿美元，而其估值高达8520亿美元，如何向投资者证明自身的成长轨迹，是公司不得不面对的核心课题。</p><p style=\"text-align: left;\">OpenAI已于今年6月秘密向监管机构提交了IPO申请，外界普遍预期其将于2027年正式上市。首席执行官Sam Altman在9月表示，&#34;眼下并非上市的明智时机&#34;，理由之一是AI安全方面的持续争议。</p><p style=\"text-align: left;\">公司近期已宣布暂停旗下GPT-6.1 Astra模型的发布计划，原因是该模型未能达到内部安全标准。</p><h2 style=\"text-align: left;\">Anthropic同样承压，AI大模型IPO叙事整体遇冷</h2><p style=\"text-align: left;\">与OpenAI形成鲜明对比的是，Anthropic此前于8月披露截至7月底年化营收运行率已达650亿美元，彼时外界对其估值预期高达2万亿美元，公司正积极与潜在投资者接触，为IPO做准备。</p><p style=\"text-align: left;\">然而，独立财经研究机构New Constructs本周二发布报告，直接将Anthropic的拟议上市称为&#34;2026年最荒谬的IPO&#34;，认为公司实际价值仅约1500亿美元。</p><p style=\"text-align: left;\">据招股书显示，Anthropic 2025年营收为46亿美元，同期净亏损高达420亿美元。</p><p style=\"text-align: left;\">OpenAI与Anthropic的营收数据相继被置于放大镜下审视，折射出市场对整个大模型赛道商业化进程的深层疑虑。</p><p style=\"text-align: left;\">英国《金融时报》指出，这两家公司的年化营收数据，被视为衡量全球AI需求最重要的单一指标，直接支撑着大量AI基础设施投资决策和公共股票市场的估值逻辑。</p><p style=\"text-align: left;\">当核心数据出现如此量级的落差，市场重新定价的压力将不可避免地传导至整个产业链。</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>相差200亿！OpenAI营收被爆巨大预期差，AI板块遭重创，甲骨文跌逾5%，应用光电暴跌13%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; 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margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n相差200亿！OpenAI营收被爆巨大预期差，AI板块遭重创，甲骨文跌逾5%，应用光电暴跌13%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1084101182\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/66809d1f5c2e43e2bdf15820c6d6897e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">华尔街见闻 </p>\n<p class=\"h-time\">2026-10-09 05:23</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p style=\"text-align: left;\">OpenAI年化营收远低于市场此前流传的数字，引发AI概念股大规模抛售，纳斯达克指数当日收跌逾1%，投资者对AI需求持续高景气的判断正面临严峻考验。</p><p style=\"text-align: left;\">10月8日英国《金融时报》报道，OpenAI在最新投资者文件中显示，<strong>截至9月底的年化收入&#34;接近500亿美元&#34;，远低于上月末市场广泛引用的700亿美元预期</strong>。</p><p style=\"text-align: left;\">针对《金融时报》披露的年化收入数据，CNBC 随后也向相关方求证并证实了该数据的准确性。</p><p style=\"text-align: left;\"><strong>报道指出，这一缺口规模之大，&#34;很可能打击市场对AI需求增长的乐观情绪&#34;。</strong>消息公布后，美国科技股当日大幅下挫，纳斯达克指数收跌1.4%。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0145bce5ff5867cdc7bd8903d0643d3e\" data-align=\"center\" tg-width=\"1024\" tg-height=\"691\"/><span></span></p><p style=\"text-align: left;\">AI板块普遍重挫。英伟达当日跌约3%，甲骨文跌逾5.5%，AMD、<a href=\"https://laohu8.com/S/600455\">博通</a>、英特尔及超微电脑跌幅均在4%至6%之间。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f5b3e01e9b18971d35c8ec3533cf3887\" data-align=\"center\" tg-width=\"1024\" tg-height=\"655\"/><span></span></p><p style=\"text-align: left;\"><strong>数据中心股和光互联股重挫</strong>。云服务股Nebius和CoreWeave双双跌超7%，光互联股应用<a href=\"https://laohu8.com/S/600184\">光电</a>暴跌13%，Coherent跌7%。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6d253fe185ac71aeefc7f7541339bef5\" data-align=\"center\" tg-width=\"1024\" tg-height=\"644\"/><span></span></p><p style=\"text-align: left;\">此次营收数据落差对市场的打击，不仅在于数字本身，更动摇了支撑AI巨量资本开支叙事的核心逻辑，AI终端需求是否真的如此旺盛。更重要的是，这一预期差出现在Token成本持续走低的背景下。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9c20f2cc9ab0e46d2217b7a012f478e2\" data-align=\"center\" tg-width=\"1024\" tg-height=\"639\"/><span></span></p><h2 style=\"text-align: left;\">数字出入源于口径差异</h2><p style=\"text-align: left;\">10月8日媒体援引知情人士透露，此次营收数字的巨大出入，根源在于OpenAI与竞争对手Anthropic在计算年化营收时采用了不同口径。</p><p style=\"text-align: left;\">Anthropic在其年化营收统计中纳入了通过亚马逊AWS、谷歌云等云合作伙伴渠道产生的收入，即&#34;总收入&#34;口径；而<strong>OpenAI的年化营收数字仅统计其自身直接产生的收入，不包含合作伙伴渠道的销售额。</strong></p><p style=\"text-align: left;\"><strong>据报道，OpenAI的投资者为了在两家公司之间进行横向比较，曾尝试将OpenAI的数据进行&#34;口径还原&#34;，由此催生了此前流传的约700亿美元数字。</strong></p><p style=\"text-align: left;\">然而，经过OpenAI最新一次正式投资者简报的澄清，市场方才意识到此前广泛引用的数字存在重大误导。</p><p style=\"text-align: left;\">报道指出，<strong>OpenAI的最新文件显示，7月底公司年化营收约为300亿美元，而非此前报道的约400亿美元；但公司同步展示了强劲的增速，第三季度整体运营收入同比增长77%，企业业务同比增长107%。</strong></p><p style=\"text-align: left;\">OpenAI本身对外宣称拒绝置评，作为私人公司，它不负有定期公开披露财务数据的义务。</p><h2 style=\"text-align: left;\">估值压力骤增，IPO前景蒙阴</h2><p style=\"text-align: left;\">此次营收数据的修正，发生在OpenAI最为关键的市值构建窗口期，时机格外敏感。</p><p style=\"text-align: left;\">OpenAI目前正与投资者洽谈新一轮融资，该轮融资可能将公司估值定格在约1.4万亿美元，且此前已有报道称公司拟募资约300亿美元，但相关条款尚未最终确定。</p><p style=\"text-align: left;\">就在今年3月，OpenAI刚刚完成了一轮规模达1220亿美元的历史性融资，公司首席财务官Sarah Friar上周表示公司&#34;资本充裕&#34;。</p><p style=\"text-align: left;\">然而，OpenAI预计到2030年将累计亏损约2800亿美元，而其估值高达8520亿美元，如何向投资者证明自身的成长轨迹，是公司不得不面对的核心课题。</p><p style=\"text-align: left;\">OpenAI已于今年6月秘密向监管机构提交了IPO申请，外界普遍预期其将于2027年正式上市。首席执行官Sam Altman在9月表示，&#34;眼下并非上市的明智时机&#34;，理由之一是AI安全方面的持续争议。</p><p style=\"text-align: left;\">公司近期已宣布暂停旗下GPT-6.1 Astra模型的发布计划，原因是该模型未能达到内部安全标准。</p><h2 style=\"text-align: left;\">Anthropic同样承压，AI大模型IPO叙事整体遇冷</h2><p style=\"text-align: left;\">与OpenAI形成鲜明对比的是，Anthropic此前于8月披露截至7月底年化营收运行率已达650亿美元，彼时外界对其估值预期高达2万亿美元，公司正积极与潜在投资者接触，为IPO做准备。</p><p style=\"text-align: left;\">然而，独立财经研究机构New Constructs本周二发布报告，直接将Anthropic的拟议上市称为&#34;2026年最荒谬的IPO&#34;，认为公司实际价值仅约1500亿美元。</p><p style=\"text-align: left;\">据招股书显示，Anthropic 2025年营收为46亿美元，同期净亏损高达420亿美元。</p><p style=\"text-align: left;\">OpenAI与Anthropic的营收数据相继被置于放大镜下审视，折射出市场对整个大模型赛道商业化进程的深层疑虑。</p><p style=\"text-align: left;\">英国《金融时报》指出，这两家公司的年化营收数据，被视为衡量全球AI需求最重要的单一指标，直接支撑着大量AI基础设施投资决策和公共股票市场的估值逻辑。</p><p style=\"text-align: left;\">当核心数据出现如此量级的落差，市场重新定价的压力将不可避免地传导至整个产业链。</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/042bf15c0077d603424f111d4bf49f8c","relate_stocks":{"NVDD":"1倍做空NVDA ETF-Direxion","SMCZ":"2倍做空SMCI ETF-Defiance","07788":"南方两倍做多英伟达","AMYY":"GraniteShares YieldBOOST AMD ETF","AMDY":"AMD期权收益策略ETF-YieldMax","NVDO":"2倍上限加速NVDA ETF-Leverage Shares","NVII":"Rex NVDA Growth & Income ETF","NVDG":"2倍做多NVDA ETF- Leverage Shares","CWVX":"2倍做多CRWV ETF-Tradr","NEBX":"2倍做多NBIS ETF-Tradr","NVDL":"2倍做多NVDA ETF-GraniteShares","ORAC":"Corgi ORCL 2x Daily ETF","NBIC":"Corgi NBIS 2x Daily ETF","AVGC":"2倍做多AVGO ETF-Corgi","SMCC":"2倍做多SMCI ETF-Corgi","AVL":"2倍做多AVGO ETF-Direxion","NVDQ":"2倍做空NVDA ETF-T-Rex","AMDC":"Corgi AMD 2x Daily ETF","ORCS":"1倍做空ORCL ETF-Direxion","NVDS":"1.5倍做空NVDA ETF-Tradr","SMYY":"GraniteShares YieldBOOST SMCI ETF","AVGO":"博通","AMDD":"1倍做空AMD ETF-Direxion","AVGG":"2倍做多AVGO ETF-Leverage Shares","SMCL":"2倍做多SMCI ETF-Graniteshares","NVDU":"2倍做多NVDA ETF-Direxion","ORCU":"2倍做多ORCL ETF-Direxion","SMCI":"超微电脑","AVS":"1倍做空AVGO ETF-Direxion","NBIZ":"Tradr 2X Short NBIS Daily ETF","AMDG":"2倍做多AMD ETF- Leverage Shares","CRWG":"2倍做多CRWV ETF-Leverage Shares","ORCX":"2倍做多ORCL ETF-Defiance","NVDW":"NVDA周配息ETF-Roundhill","DIPS":"做空NVDA期权收益策略ETF-YieldMax","AVGU":"2倍做多AVGO ETF-GraniteShares","AMDL":"2倍做多AMD ETF-GraniteShares","NBIG":"Leverage Shares 2X Long NBIS Daily ETF","ANV":"GraniteShares Autocallable NVDA ETF","ORCZ":"Tradr 2X Short ORCL Daily ETF","NVDX":"2倍做多NVDA ETF-T-Rex","CRWU":"2倍做多CRWV ETF-T-Rex","NVDA":"英伟达","NVC":"Corgi NVDA 2x Daily ETF","NVDY":"NVDA期权收益策略ETF-YieldMax","DAMD":"2倍做空AMD ETF-Defiance","CRWX":"Corgi CRWV 2x Daily ETF","AMD":"美国超微公司","AVGW":"Roundhill AVGO WeeklyPay ETF","NBIS":"NEBIUS","07388":"南方两倍做空英伟达","CORD":"T-REX 2X INVERSE CRWV DAILY TARGET ETF","SMCX":"2倍做多SMCI ETF-Defiance","NVD":"2倍做空NVDA ETF-GraniteShares","AMUU":"2倍做多AMD ETF-Direxion","NVYY":"GraniteShares YieldBOOST NVDA ETF","AVGX":"2倍做多AVGO ETF-Defiance","NBIL":"GraniteShares 2x Long NBIS Daily ETF","ORCL":"甲骨文","NVDB":"ProShares Ultra NVDA ETF","CRWV":"CoreWeave, Inc.","SMCY":"SMCI期权收益策略ETF-YieldMax","CWII":"REX CRWV Growth & Income 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随后也向相关方求证并证实了该数据的准确性。报道指出，这一缺口规模之大，\"很可能打击市场对AI需求增长的乐观情绪\"。消息公布后，美国科技股当日大幅下挫，纳斯达克指数收跌1.4%。AI板块普遍重挫。英伟达当日跌约3%，甲骨文跌逾5.5%，AMD、博通、英特尔及超微电脑跌幅均在4%至6%之间。数据中心股和光互联股重挫。云服务股Nebius和CoreWeave双双跌超7%，光互联股应用光电暴跌13%，Coherent跌7%。此次营收数据落差对市场的打击，不仅在于数字本身，更动摇了支撑AI巨量资本开支叙事的核心逻辑，AI终端需求是否真的如此旺盛。更重要的是，这一预期差出现在Token成本持续走低的背景下。数字出入源于口径差异10月8日媒体援引知情人士透露，此次营收数字的巨大出入，根源在于OpenAI与竞争对手Anthropic在计算年化营收时采用了不同口径。Anthropic在其年化营收统计中纳入了通过亚马逊AWS、谷歌云等云合作伙伴渠道产生的收入，即\"总收入\"口径；而OpenAI的年化营收数字仅统计其自身直接产生的收入，不包含合作伙伴渠道的销售额。据报道，OpenAI的投资者为了在两家公司之间进行横向比较，曾尝试将OpenAI的数据进行\"口径还原\"，由此催生了此前流传的约700亿美元数字。然而，经过OpenAI最新一次正式投资者简报的澄清，市场方才意识到此前广泛引用的数字存在重大误导。报道指出，OpenAI的最新文件显示，7月底公司年化营收约为300亿美元，而非此前报道的约400亿美元；但公司同步展示了强劲的增速，第三季度整体运营收入同比增长77%，企业业务同比增长107%。OpenAI本身对外宣称拒绝置评，作为私人公司，它不负有定期公开披露财务数据的义务。估值压力骤增，IPO前景蒙阴此次营收数据的修正，发生在OpenAI最为关键的市值构建窗口期，时机格外敏感。OpenAI目前正与投资者洽谈新一轮融资，该轮融资可能将公司估值定格在约1.4万亿美元，且此前已有报道称公司拟募资约300亿美元，但相关条款尚未最终确定。就在今年3月，OpenAI刚刚完成了一轮规模达1220亿美元的历史性融资，公司首席财务官Sarah 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