For Shang Tang, the benchmark company in the AI industry, life is not easy now. Its highest total market value once reached HK$ 320 billion, but now it has plummeted to more than 70 billion. The huge market value collapse reflects the problem of high investment and difficult profitability in the AI industry. In fact, it makes sense for Ye to think about it. As the frontier AI industry of the Internet, it needs to maintain high investment all the time to maintain its technological advantage.
But at the same time, how can the AI industry be realized? However, this is a question that many companies are thinking about. Hyperuniverse has indeed found a way out for these AI companies. But technology has landed in the industry, forming a real commercial barrier. In the middle, we have to cross the "valley of death" of basic research and industrial landing, which makes most companies flinch.
At present, AI company is in a very embarrassing situation, the basic industry has not been fully implemented, and the investment at this stage is often only a phased progress. In the long run, the real landing in the future will definitely require a technological revolution. But now no one wants to stop the pace of research and development to cater to the application of every new technology. Otherwise, other companies will seize the opportunity, and once the market dividend is realized, it will drop sharply, and they can only find a way out while burning money.
This is also the fate of AI company's constant loss, which is why the impact of IPO is the last shot of AI company, because investors' money can't bring the same amount of income. The last move of AI company is to expand the company's assets and develop new technologies through IPO. Maintain high external valuation until the day when the industry finally makes progress. The research report will share more industry research and analysis data with you.