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小小小致致
#软银重金押注OpenAI，Q2财报能否交出亮眼成绩？
软银重金押注OpenAI，Q2财报的亮眼利润主要来自OpenAI股权公允价值上涨带来的账面浮盈，是愿景基金当期收益核心支柱。但收益并未真正落袋，OpenAI尚未上市；软银这笔大额投入依赖融资，存在利息成本、估值回调减值风险，后续业绩能否持续向好取决于OpenAI商业化进展与估值稳定性。
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