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  • U.S. stocks moving | It is reported that Xiaomi will invest heavily in AI large models, Kingsoft Cloud (KC.US) pre-market rose by more than 15%.

美股异动 | 传小米将大力投入AI大模型 金山云(KC.US)盘前涨超15%

U.S. stocks moving | It is reported that Xiaomi will invest heavily in AI large models, Kingsoft Cloud (KC.US) pre-market rose by more than 15%.

Zhitong Finance ·  Dec 27, 2024 07:47

On Friday, Kingsoft Cloud (KC.US) rose over 15% in pre-market trading, reaching $11.80.

According to Zhitong Finance APP, on Friday, Kingsoft Cloud (KC.US) rose over 15% in pre-market trading, reaching $11.80. According to reports, Xiaomi is working on building a GPU cluster with tens of thousands of cards, significantly investing in AI large models. The Xiaomi large model team already had 6,500 GPU resources at its establishment. According to Xiaomi's 2023 anniversary speech, the main breakthrough direction for Xiaomi's large model technology is Lightweight and local deployment. Institutions generally believe that as Xiaomi plans to deeply integrate AI into its ecosystem, coupled with the huge demand for computing power, Kingsoft Cloud, as its partner, is bound to experience significant Business growth.

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