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5??????????

????8?8?????????????????? ????:???????

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????????????,??????????????????????CVC(????????),?BAT(???????????????????????????????????????),?????????????????7?????,CVC??????????????????????,????CVC?????

????,??10??CVC????,??????????5????????50????,???????????????????????????????????????(???)?????????BAT,??(????)????????????(??????????)???,???????31.3%?27.7%?27.1%?

??,????????????CVC?????????????????????200????????????,????????????,???????????????????50??????

????????????????,?????,????CVC???,?????????????????????CVC???????????????????????????“?????????????,?????”

??????????7????,???????????“??”,?????“???????????????????????????????”???????????????,???(VC)???VC??????????,????,?????,????????????IPO??

“??,????8?????????IPO,?????,???????,??100?????,????????,????’????????’???”???,IPO?????,?????

??,???????????,?,????????????,??????????????2.0???????????,??????

??????????,AI???????,????????????OpenAI???“???,?”,???“??”,?????????“??????????”?????(???????????????????) ????:?????