{"id":82960,"topic":"ai","source":"金融界","title":"国产大模型密集调价，竞争逻辑或转向“拼生态”，资金连续布局人工智能ETF易方达（159819）-ETF火线 - 金融界","url":"https://m.jrj.com.cn/madapter/fund/2026/09/15125358437261.shtml","url_hash":"efe06c7b14df7755521e4e10b9578c523ed8274c","author":"","summary":"<a href=\"https://news.google.com/rss/articles/CBMicEFVX3lxTFAzWllTTDlLTE5mTk1VZlNSNDRKNFJIc2VlU0ZqcjNfcnpWd0lpbXNsZ2dzZTh2YWNWblFSN0tySzBCakdWNW1UeUhOY0N3dDBPUUlLeDc5SXg1X3Aycy1jUUNDMFVCLWpHM1BHRVNwUEk?oc=5\" target=\"_blank\">国产大模型密集调价，竞争逻辑或转向“拼生态”，资金连续布局人工智能ETF易方达（159819）-ETF火线</a>&nbsp;&nbsp;<font color=\"#6f6f6f\">金融界</font>","content":"国产大模型密集调价，竞争逻辑或转向“拼生态”，资金连续布局人工智能ETF易方达（159819）\n2026-09-15 12:53:11\n截至午间收盘，上证科创板人工智能指数上涨1.6%，中证科创创业人工智能指数上涨1.1%，中证人工智能主题指数上涨0.7%。同花顺iFinD数据显示，截至昨日，人工智能ETF易方达（159819，联接基金A/C：012733/012734）已连续4日获资金净流入，合计约1.3亿元。\n消息面上，DeepSeek下调Flash系列模型API价格，其中闲时输入（缓存命中）价格由0.05元/百万词元降至0.02元/百万词元，降幅达60%。近期国产大模型迎来新一轮密集调价，业内人士指出，这一轮调价并非简单的价格竞争，而是大模型从“卖能力”走向“卖服务”的必然阶段；国产大模型之间的竞争已进入新阶段，行业的竞争逻辑正从“拼价格”悄然转向“拼生态”。\n风险提示：基金有风险，投资须谨慎。ETF为场内交易型指数基金，二级市场价格存在折溢价与流动性风险，基金表现与跟踪指数可能存在跟踪误差，过往业绩不代表未来收益。","image_url":null,"lang":"zh","published_at":"2026-09-15T04:53:11+00:00","fetched_at":"2026-09-15T14:15:09+00:00","status":"read","starred":0,"extract_state":"ok","summary_auto":"国产大模型密集调价，竞争逻辑或转向“拼生态”，资金连续布局人工智能ETF易方达（159819）\n2026-09-15…","cluster_id":3542334,"extract_retries":0,"extract_error":null,"contract_version":"news_item.v1","format_contract_version":"news_item_formats.v1","dedup_url":"https://m.jrj.com.cn/madapter/fund/2026/09/15125358437261.shtml","quality_profile":{"profile_version":"extraction_quality.v2","bucket":"high","confidence":0.9,"failure_kind":"none","retryable":false,"retry_after_attempts":0,"reason":"High confidence: full text extraction produced 468 characters.","operator_guidance":{"severity":"ok","recommended_action":"trust_full_text","next_step":"Use the extracted full text as the primary article source.","operator_label":"Ready","can_retry":false,"can_use_summary":false,"diagnostics_required":false},"content_depth":{"contract_version":"content_depth.v1","category":"full_text","label":"Full text","has_full_text":true,"has_summary":true,"content_length":468,"summary_length":59,"usable_text_length":468,"source_field":"content"},"legacy_collapsed":false,"signals":{"extract_state":"ok","extract_error":null,"extract_retries":0,"content_length":468,"summary_length":59}},"news_item":{"id":82960,"canonical_url":"https://m.jrj.com.cn/madapter/fund/2026/09/15125358437261.shtml","source_url":"https://m.jrj.com.cn/madapter/fund/2026/09/15125358437261.shtml","title":"国产大模型密集调价，竞争逻辑或转向“拼生态”，资金连续布局人工智能ETF易方达（159819）-ETF火线 - 金融界","source_name":"金融界","author":null,"published_at":"2026-09-15T04:53:11+00:00","locale":"zh","topic":"ai","tags":[],"rss_summary":"<a href=\"https://news.google.com/rss/articles/CBMicEFVX3lxTFAzWllTTDlLTE5mTk1VZlNSNDRKNFJIc2VlU0ZqcjNfcnpWd0lpbXNsZ2dzZTh2YWNWblFSN0tySzBCakdWNW1UeUhOY0N3dDBPUUlLeDc5SXg1X3Aycy1jUUNDMFVCLWpHM1BHRVNwUEk?oc=5\" target=\"_blank\">国产大模型密集调价，竞争逻辑或转向“拼生态”，资金连续布局人工智能ETF易方达（159819）-ETF火线</a>&nbsp;&nbsp;<font color=\"#6f6f6f\">金融界</font>","full_text":"国产大模型密集调价，竞争逻辑或转向“拼生态”，资金连续布局人工智能ETF易方达（159819）\n2026-09-15 12:53:11\n截至午间收盘，上证科创板人工智能指数上涨1.6%，中证科创创业人工智能指数上涨1.1%，中证人工智能主题指数上涨0.7%。同花顺iFinD数据显示，截至昨日，人工智能ETF易方达（159819，联接基金A/C：012733/012734）已连续4日获资金净流入，合计约1.3亿元。\n消息面上，DeepSeek下调Flash系列模型API价格，其中闲时输入（缓存命中）价格由0.05元/百万词元降至0.02元/百万词元，降幅达60%。近期国产大模型迎来新一轮密集调价，业内人士指出，这一轮调价并非简单的价格竞争，而是大模型从“卖能力”走向“卖服务”的必然阶段；国产大模型之间的竞争已进入新阶段，行业的竞争逻辑正从“拼价格”悄然转向“拼生态”。\n风险提示：基金有风险，投资须谨慎。ETF为场内交易型指数基金，二级市场价格存在折溢价与流动性风险，基金表现与跟踪指数可能存在跟踪误差，过往业绩不代表未来收益。","excerpt":"国产大模型密集调价，竞争逻辑或转向“拼生态”，资金连续布局人工智能ETF易方达（159819）\n2026-09-15…","extraction":{"state":"ok","confidence":0.9,"error":null,"explanation":"High confidence: full text extraction produced 468 characters.","diagnostics_url":"/api/diagnose?url=https%3A//m.jrj.com.cn/madapter/fund/2026/09/15125358437261.shtml","quality_profile":{"profile_version":"extraction_quality.v2","bucket":"high","confidence":0.9,"failure_kind":"none","retryable":false,"retry_after_attempts":0,"reason":"High confidence: full text extraction produced 468 characters.","operator_guidance":{"severity":"ok","recommended_action":"trust_full_text","next_step":"Use the extracted full text as the primary article source.","operator_label":"Ready","can_retry":false,"can_use_summary":false,"diagnostics_required":false},"content_depth":{"contract_version":"content_depth.v1","category":"full_text","label":"Full text","has_full_text":true,"has_summary":true,"content_length":468,"summary_length":59,"usable_text_length":468,"source_field":"content"},"legacy_collapsed":false,"signals":{"extract_state":"ok","extract_error":null,"extract_retries":0,"content_length":468,"summary_length":59}}},"display_formats":["compact","card","full","digest_section","json"]},"daily_stack_record":{"title":"国产大模型密集调价，竞争逻辑或转向“拼生态”，资金连续布局人工智能ETF易方达（159819）-ETF火线 - 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