---
type: "Topics"
locale: "zh-CN"
url: "https://longbridge.com/zh-CN/topics/42598634.md"
description: "$智谱(02513.HK)算力太贵，无法激发全民创作，AI 应用落地遥遥无期，没完成商业闭环，后续还面临新技术路线颠覆得风险，这是马拉松，不是百米冲刺"
datetime: "2026-07-12T08:30:40.000Z"
locales:
  - [en](https://longbridge.com/en/topics/42598634.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/42598634.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/42598634.md)
author: "[乌龙绿茶](https://longbridge.com/zh-CN/profiles/16890869.md)"
---

# $智谱(02513.HK)算力太贵，无法激发全民创作，AI 应用落地遥遥无期，没完成商业闭环，后续还…


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