????:1???????:?????????

2???????

3????????

4???????

5??????????

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

????? ?????

??????????????????????,??????????????????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???????????“??,????”,????????????“???”,??????????????????????“????”??????(?) ?????????????:???