方舟投资首席执行官凯茜·伍德指出，美国人工智能领域已形成四大公司主导的格局。
这位69岁的投资人指出，OpenAI、Anthropic、埃隆·马斯克旗下的xAI以及谷歌的Gemini正在争夺主导地位，竞争异常激烈。她还提到，最终竞争者可能会从当前的四家缩减至两家。
“真正在大语言模型领域展开竞争的公司数量已然减少。”她向彭博社透露。
伍德还表示，OpenAI和Meta近期进行的“人才收购”，不仅是人工智能领域正呈现萎缩态势的体现，也反映出“其他公司难以维系生存”。需特别指出的是，Meta并不在伍德提及的四大公司之列。
ChatGPT制造商OpenAI是今年初创企业领域最为活跃的收购方之一。仅在2025年，该公司便斥资64亿美元收购了前苹果设计师乔纳森·伊夫（Jony Ive）创办的硬件初创公司io，并以11亿美元收购产品开发平台Statsig。与此同时，OpenAI还通过“人才收购”方式吸纳了多家初创企业的顶尖人才，包括编程助手公司Alex背后的团队。
Meta今年早些时候也进行了备受瞩目的人才收购，斥资约143亿美元收购初创公司Scale AI 49%的股份，并聘请其28岁的首席执行官汪滔（Alexandr Wang）担任Meta首位首席人工智能官。
谈及人工智能领域的整合趋势，伍德指出“整合进程已然启动”，但最终结果尚未明朗。
“让我们拭目以待各巨头如何超越彼此——这种竞争正不断上演。”她说道。
截至周二，方舟投资旗舰基金ARK创新ETF年内涨幅达47%，这在一定程度上得益于其2025年重仓股表现出色，其中包括Roku、Coinbase和Roblox。尽管其头号重仓股特斯拉在今年早些时候经历动荡，但同期涨幅仍达到8%，表现稳健。
今年早些时候，伍德曾对经济增长陷入停滞发出警告，如今她却改变了论调，认为人工智能驱动的生产力提升将抑制通胀，未来数年通货膨胀率可能降至零。不过，生产力提升的同时，失业率也在攀升，美联储于上周选择降息。美联储主席杰罗姆·鲍威尔解释称，这在一定程度上是由于年轻人面临就业困境。
伍德反驳称，生产力提升对整个人工智能行业而言是利好，因为企业在裁员的同时，正不断加大对人工智能服务的投入。
“企业愿意每月支付20美元，有些愿意支付200美元，而那些用人工智能替代博士人才的企业，每月支付2000美元甚至更多。”她说道。（*）
译者：中慧言-王芳
方舟投资首席执行官凯茜·伍德指出，美国人工智能领域已形成四大公司主导的格局。
这位69岁的投资人指出，OpenAI、Anthropic、埃隆·马斯克旗下的xAI以及谷歌的Gemini正在争夺主导地位，竞争异常激烈。她还提到，最终竞争者可能会从当前的四家缩减至两家。
“真正在大语言模型领域展开竞争的公司数量已然减少。”她向彭博社透露。
伍德还表示，OpenAI和Meta近期进行的“人才收购”，不仅是人工智能领域正呈现萎缩态势的体现，也反映出“其他公司难以维系生存”。需特别指出的是，Meta并不在伍德提及的四大公司之列。
ChatGPT制造商OpenAI是今年初创企业领域最为活跃的收购方之一。仅在2025年，该公司便斥资64亿美元收购了前苹果设计师乔纳森·伊夫（Jony Ive）创办的硬件初创公司io，并以11亿美元收购产品开发平台Statsig。与此同时，OpenAI还通过“人才收购”方式吸纳了多家初创企业的顶尖人才，包括编程助手公司Alex背后的团队。
Meta今年早些时候也进行了备受瞩目的人才收购，斥资约143亿美元收购初创公司Scale AI 49%的股份，并聘请其28岁的首席执行官汪滔（Alexandr Wang）担任Meta首位首席人工智能官。
谈及人工智能领域的整合趋势，伍德指出“整合进程已然启动”，但最终结果尚未明朗。
“让我们拭目以待各巨头如何超越彼此——这种竞争正不断上演。”她说道。
截至周二，方舟投资旗舰基金ARK创新ETF年内涨幅达47%，这在一定程度上得益于其2025年重仓股表现出色，其中包括Roku、Coinbase和Roblox。尽管其头号重仓股特斯拉在今年早些时候经历动荡，但同期涨幅仍达到8%，表现稳健。
今年早些时候，伍德曾对经济增长陷入停滞发出警告，如今她却改变了论调，认为人工智能驱动的生产力提升将抑制通胀，未来数年通货膨胀率可能降至零。不过，生产力提升的同时，失业率也在攀升，美联储于上周选择降息。美联储主席杰罗姆·鲍威尔解释称，这在一定程度上是由于年轻人面临就业困境。
伍德反驳称，生产力提升对整个人工智能行业而言是利好，因为企业在裁员的同时，正不断加大对人工智能服务的投入。
“企业愿意每月支付20美元，有些愿意支付200美元，而那些用人工智能替代博士人才的企业，每月支付2000美元甚至更多。”她说道。（*）
译者：中慧言-王芳
Ark Invest CEO Cathie Wood said the AI space is already being ruled by a group of “big four” players.
The 69-year-old investor said OpenAI, Anthropic, Elon Musk’s xAI, and Google’s Gemini are competing for dominance—and the competition is fierce. She noted, ultimately, the four current competitors could be narrowed down to two.
“The number of companies competing, truly competing, in the Large Language Model space has shrunk,” she told Bloomberg.
The recent “acquihires” conducted by OpenAI and Meta, which is not in Wood’s big four, are also examples of the AI space getting smaller, and of “other companies not making it,” she said.
ChatGPT maker OpenAI has been one of the most prolific buyers in the startup space this year. In 2025 alone, the company shelled out $6.4 billion to acquire io, the hardware startup from former Apple designer Jony Ive, as well as $1.1 billion to buy product-development platform Statsig. These deals come as the company has also “acquihired” top talent from startups, including the team behind coding assistant company Alex.
Meta, for its part, conducted its own high-profile acquihire earlier this year when it committed about $14.3 billion for a 49% stake in startup Scale AI and brought on its 28-year-old CEO, Alexandr Wang,as its first-ever chief AI officer.
When it comes to AI consolidation, “the process has started,” said Wood, but the final result is still not in.
“Let’s see over time how they leapfrog one another, and they are doing that regularly,” she said.
Ark Invest’s star ARK Innovation ETF is up 47% year-to-date as of Tuesday thanks in part to the stellar performance of its top holdings in 2025 including, Roku, Coinbase, and Roblox. Its top holding, Tesla, is up a comparatively lower but solid 8% over the same period despite tumult earlier this year.
Wood, who earlier this year warned of stalling growth, has changed her tune and pointed to the possibility that inflation rates could drop to zero in the coming years as AI-driven productivity increases push inflation down. These productivity increases, however, have come hand-in-hand with higher unemployment and a Fed rate cut last week, which Fed chairman Jerome Powell justified partly because younger people are struggling to find jobs.
Wood countered that these productivity increases could be good for the AI sector as a whole since companies are cutting back on employees but also increasing the money they put into AI services.
“They’re willing to pay $20 a month. Some are willing to pay $200 a month, and those who are replacing PhDs, they’re willing to pay $2,000 a month or more,” she said.