国泰海通证券：Meta收购Scale AI，OpenAI升级推理模型，推理价格大幅降低

财中社2025-06-16

国泰海通证券发表研究报告称：Meta收购Scale AI创建实验室，推出新世界模型。1）Meta正在创建一个新的人工智能实验室，以追求“超级智能”。Meta已经完成了以143亿美元收购人工智能初创公司Scale AI的49%股份的交易。Scale AI帮助其他企业开发人工智能技术，该公司雇佣了大量合同工筛选数据，标记并清理数据，以便用于训练复杂的人工智能系统。Scale AI表示，该交易对其估值为...

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2模型在送货机器人和自动驾驶汽车等机器上的应用优势明显，将其称之为“朝着实现先进机器智能和构建可在物理世界运行的有用AI智能体的目标迈出的下一步”。世界模型正成为AI研究新焦点，谷歌DeepMind与李飞飞的初创公司World Labs也在开发类似技术。OpenAI发布升级版AI推理模型o3-pro，推理价格大幅降低。新上线的o3-pro是OpenAI在4月16日上线的推理大模型o3的后续版本，取代此前推出的o1-pro。o3-pro模型有更强的能力，可以访问一系列工具，包括网页浏览、文件分析、视觉推理、基于内存的个性化响应等。根据OpenAI的内部测试，o3-pro在主流人工智能基准测试中取得了亮眼成绩。在评估模型数学能力的AIME2024测试中，o3-pro的表现优于谷歌顶级模型Gemini2.5Pro。在博士级水平的科学知识测试GPQADiamond中，o3-pro也击败了Anthropic最新发布的Claude4Opus模型。除了更强的能力，o3-pro有更低的花费，输入的价格为20美元100万tokens，输出则是80美元100万tokens，较o1-pro降低了87%。腾讯音乐拟全资收购喜马拉雅，加码长音频赛道。腾讯音乐拟以下述对价全资收购喜马拉雅：1）12.6亿美元现金；2）总数不超过总股数5.1986%的腾讯音乐A类普通股（总股数为不晚于交易交割前五个工作日的工作日当天腾讯音乐已发行及发行在外的普通股）；3）受限于并购协议的条款规定，喜马拉雅的创始股东在交割时及之后将分批获得的总数不超过总股数0.37%的腾讯音乐A类普通股。此外，根据并购协议，喜马拉雅将进行与交易相关的若干现有业务的重组。（文章来源：财中社）","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"merge","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 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