"White-Haired Stock Guru" Serenity: Chinese VC Capital Is Accelerating Flow into Physical AI and World Model Tracks

Odaily reported that "White-Haired Stock Guru" Serenity posted on platform X, stating that based on the capital flow direction of China's private VC market, institutions are currently pouring massively into the fields of Physical AI and World Models.

Data shows the approximate distribution of funds: Large Models/LLMs account for about $23.56 billion, AI infrastructure and technology layers for about $15.74 billion, Embodied Intelligence/Physical AI for about $13.36 billion, AIGC applications for about $8.79 billion, and Autonomous Driving along with other top 20 sub-sectors total approximately $3.82 billion (the metrics are not directly comparable).

Serenity pointed out that early-stage pure foundational model financing has largely closed, with capital more concentrated on existing leading enterprises and the World Model direction. He expects this trend to appear in the US as well, potentially concentrating further towards leading companies like Anthropic and OpenAI. Regarding AIGC applications, Serenity believes this track is already relatively mature in terms of commercialization, but an absolute winner has yet to emerge, presenting a fragmented competitive landscape in both Chinese and American markets.

Overall, Serenity concluded that current AI investment continues to flow into infrastructure and the semiconductor supply chain. Simultaneously, capital is rapidly rotating towards Physical AI and Embodied Intelligence. However, the World Model track still lacks direct investment targets.