Nature, Published online: 25 February 2026; doi:10.1038/d41586-026-00580-2
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Nvidia has been scrutinised by investors who worry about its ever-expanding web of deals with other companies.
更关键的是，如果行业尚未稳定，平台仍处于补贴扩张阶段，那么合伙人的收益结构可能高度依赖平台流量分发。一旦补贴停止、规则变化，收益模型可能迅速改变。