AI TRENDS | Kingsoft Cloud Speeds Up GPU Computing Buildout as Xiaomi Budget Tops 10 Billion Yuan

Kingsoft Cloud is set to accelerate construction of its GPU computing clusters in the second half of the year to meet surging demand from major clients. According to Jin10, Xiaomi’s GPU computing demand at Kingsoft Cloud has upgraded from a 10,000-GPU cluster to a super-large-scale computing cluster, with the related investment budget rising from nearly 4 billion yuan to more than 10 billion yuan. The report also said Alibaba’s large-model team has signed a five-year computing-power leasing contract with Kingsoft Cloud covering more than 3,000 eight-GPU servers. Based on the monthly rental price at the time of signing, the report estimated that after full delivery the monthly revenue run rate would be about 300 million yuan, with annualized revenue exceeding 4 billion yuan.