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AI热潮的推手:OpenAI与Anthropic的华尔街上市之路

每一波科技浪潮,都由少数几家公司定义其样貌。而在生成式AI浪潮中,这两家公司正是OpenAI与Anthropic。

OpenAI率先点燃了这把火。2022年11月,ChatGPT正式上线,几乎一夕之间,将实验室里的研究技术转化为家喻户晓的产品,短短数周内用户数便突破一亿,至今仍是史上成长最快速的消费级应用程序之一。以GPT系列模型为基础,OpenAI的产品线早已跨出对话应用的范畴:影像与语音生成、专为软件开发打造的Codex,以及一套支援从客服到企业分析等各种应用的API生态系统。再者,与微软的合作,更让这项技术直接融入数亿人日常工作所使用的工具之中。

Anthropic则走上另一条路,朝向同一个前沿迈进。这家公司于2021年由前OpenAI研究人员创立,其Claude系列模型建构于保障人类福祉为最高宗旨的AI宪法框架内,让AI系统更易于引导、也更值得信赖——这样的诉求深受企业与开发者青睐。Claude Code及其代理型工具(agentic tools),已让Anthropic成为专业级软件工程的首选模型;而其可解释性(interpretability)研究,更形塑了整个产业对于如何驾驭日益强大的AI系统的思维方式。这份专注,也具体反映在营收表现上——年成长率约达十倍之谱。

这两家实验室彼此较劲,共同掀起一场技术军备竞赛:模型迭代速度不断加快、上下文视窗持续扩大、能自主规划并执行多步骤任务的代理型AI系统陆续问世,算力建置规模更是动辄以数百亿美元计。资料中心、客制化芯片与电力基础设施正以产业前所未见的速度兴建,两家公司的企业客户名单中,也都不乏全球数一数二的大型企业。这场竞争正是整体AI热潮背后的引擎——芯片制造商、云端服务供应商与企业软件产业,无一不因此重新洗牌;其连锁效应更早已超越两家公司本身,反映在各行各业的财报数字之中。

华尔街为何屏息以待

这股动能如今正朝公开市场迈进。两家公司均已于2026年向美国证券交易委员会(SEC)机密申报S-1注册声明——Anthropic于6月1日申报,据报估值达9,650亿美元;OpenAI则紧随其后申报,目标估值介于8,520亿美元至1兆美元之间。再加上SpaceX约莫同期上市,2026年可能缔造史上规模最大的一波公开发行潮。这是相当罕见的局面:两家理念截然不同的直接竞争对手,有可能在短短数月内相继挂牌上市。

用差价合约(CFD)交易参与盛事

首次公开发行(IPO)前的股份,通常仅开放给合格投资人认购。而差价合约(CFD)提供了另一条途径:OPENAIUSD与ANTHUSD让一般散户投资人无需配股资格或合格投资人身分,即可透过5倍杠杆、全周七天不间断地针对这两档IPO的市场情绪进行交易。此商品归于加密货币类别,其价格会随着牵动私募市场走势的同一批消息面而波动——包括募资消息、产品发表,以及IPO最新进度。

OPENAIUSD, Ultima Markets MT5

ANTHUSD, Ultima Markets MT5

交易前,请先了解你买的是什么

这些商品属于杠杆式合成金融工具,追踪的是市场情绪与外部报导的估值,并非OpenAI或Anthropic的实际股份,且这两家公司与这些商品并无任何关联或背书。杠杆在放大获利的同时,同样会放大亏损;价格也可能因消息面而剧烈波动。此外,两家公司的IPO目前均尚未确认挂牌日期、发行规模或发行价格。请仅以您能承受损失的资金进行交易。

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