[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"content-doc-dcio38278b56":3},{"user":4,"document":8,"mainDocument":27,"columnUrl":29,"subscription":30,"footer":42,"text":80},{"isAuthenticated":5,"isAdmin":5,"displayName":6,"avatarUrl":6,"nid":6,"groupLevel":7},false,"",-10,{"id":9,"fullTitle":10,"subTitle":6,"url":11,"columnId":12,"columnName":13,"columnUrl":14,"summary":6,"contentHtml":15,"mainContentHtml":6,"posterUrl":16,"createDate":17,"displayDate":18,"displayDateSlash":19,"pageviews":20,"tags":21,"hidden":5,"isSubContent":5,"replyDocOrTargetId":6,"contentType":23,"videoId":6,"liveVideoUrl":6,"useContentVideo":5,"duration":24,"price":24,"priceText":25,"priceBadgeText":25,"priceBadgeClass":26,"freeForMinGroupLevel":24,"redirectUrl":6,"readyToStream":5},"dcio38278b56","Anthropic(ANT)以万亿估值冲刺IPO-风投家警告或成AI行情见顶信号","\u002Fdoc\u002Fdcio38278b56","col18178739ee","美股资讯","\u002Fcol\u002Fcol18178739ee","\u003Cp>\n\u003C\u002Fp>\u003Cp>\u003Cspan>美股投资网获悉，风险投资机构Copper Sky负责人杰克·塞尔比(Jack Selby)周三表示，Anthropic PBC(ANT)的重磅首次公开募股(IPO)可能标志着人工智能(AI)行情的顶峰，并且有可能在初始禁售期结束后引发连锁回调。\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>这家Claude聊天机器人开发商正寻求通过IPO、私募配售以及潜在的超额配售选择权合计募资约1000亿美元。据知情人士透露，Anthropic承销商已表示，预计将把发行价提高到周二早些时候文件中宣布的70美元至78美元区间以上，这可能在未来几天将估值目标推高至1.5万亿美元或更高。Anthropic预计将在下周正式挂牌交易。\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>尽管早期迹象显示市场对这宗历史性发行需求强劲，且有报道称发行规模可能扩大，但塞尔比对此持怀疑态度。\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>“如果Anthropic的IPO表现不佳，那么它必将成为AI市场大幅回调中一个非常重要的参与者，”兼任彼得·蒂尔家族办公室管理合伙人的塞尔比表示。“如果这家最受瞩目的AI公司的IPO远低于预期估值，想想看，禁售期结束后它的股价会跌到什么程度。”\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>塞尔比长期看空AI交易。一年多前，他就将围绕该行业的狂热称为私人科技投资史上最大的泡沫。他再次质疑AI需求无限的说法，并指出DeepSeek等中国模型大约落后六个月，对Anthropic构成另一重威胁。\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>“如果它们的技术落后Anthropic六个月或九个月，那么Anthropic的技术究竟有哪些独有优势，能使其更胜一筹，或者说，其技术是否具有国家安全利益?”他说道。\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>至于是否会投资亚洲AI交易，塞尔比表示，如果可以的话，他会“大举做多中国AI”。他表示，Anthropic不能声称其所有业务都需要美国模型，因为当前大部分使用场景属于通用型需求，这为套利留下了空间。\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>他警告称，Anthropologie的禁售期到期可能会给股价带来特别大的压力。他表示，软银集团和甲骨文公司(ORCL)就像煤矿里的金丝雀，是预警信号，其中甲骨文因负债率较高而风险更大。对于必须持有AI资产的投资者，他建议选择Alphabet(GOOGL)旗下的谷歌。\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>塞尔比表示，Anthropic的收入结构是其持怀疑态度的原因之一超过80%的收入为非经常性收入，且容易受到竞争对手改进技术的冲击。他表示，竞争对手若将仅六个月或九个月的领先优势抹平，将是一个重大担忧;他补充称，资本开支规模巨大，因为数据、能源、数据中心和芯片都是昂贵的投入，而利率已不再接近于零。\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>“它的资本开支强度太高了，”塞尔比表示。“这是一门真实的生意，但仍处于早期阶段，认为它是一门万亿美元生意的想法似乎格外牵强。”\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>最专业的美股资讯,推荐美股大数据 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buy@TradesMax.com 美国电话 626-378-3637","公司介绍","\u003Cp class=\"MsoNormal\">美股大数据 \u003Ca href=\"https:\u002F\u002Fstockwe.com\" rel=\"noopener\">StockWe.com\u003C\u002Fa> 是一个美国领先的金融和美股信息大数据提供商，紧盯华尔街金融市场和行情，2008年成立于美国硅谷，创始人是前纽约证券交易所资深分析师Ken，联合多位摩根斯坦利分析师，谷歌 Meta工程师利用AI和大数据，配合十多年美股实战经验和业内量化交易模型，每天处理海量股票数据：挖掘潜力大牛股，捕捉期权异动大单，实时主力资金流向、机构持仓变化、川普突发新闻，美股买卖信号第一时间发到您手机APP。\u003C\u002Fp>","专业美股投资者都在这里",{"loading":81,"search":82,"searchPlaceholder":82,"hotContent":83,"draft":84,"noData":85,"searchNoData":86,"courseContent":87,"more":88,"buyNow":89,"subscribeNow":90,"encoding":91,"paidContent":92},"Loading...","搜索","热门内容","草稿","目前没有任何内容公布","当前检索内容没有数据","课程内容","更多","立即购买后观看","- 立即订阅 -","视频编码中...","付费内容"]