$阿里巴巴-W(09_老虎社区_美港股上老虎

思水笔记
12-29 14:38

$阿里巴巴-W(09988)$ $腾讯控股(00700)$ $巨人网络(002558)$ 近期市场对MiniMax的亏损讨论颇多，作为一名关注AI赛道的中小投资者，我更愿意从投入产出效率的角度理性看待这一问题。在大厂动辄百亿级投流、千亿级资本开支的AI赛道上，MiniMax成立至今仅花费5亿美金，却能跻身全模态全球第一梯队，这样的效率对比，恰恰说明其亏损具备较强的合理性与阶段性。

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