Express News | Ministry of Industry and Information Technology: By 2028, coverage of the 1-millisecond latency zone for metropolitan computing power will be no less than 75%.

BreakingsJun 10 14:48

Goldman Sachs: The cloud and data center sub-sector remains its most preferred area for the second half of the year, recommending Alibaba, GDS Holdings, 21Vianet, and Kingsoft Cloud.

Goldman Sachs published a report re-evaluating five key investor debate topics shaping the Chinese AI model landscape: 1) the competitive dynamics between U.S. and Chinese AI models; 2) intensifying price competition among Chinese model providers; 3) the drivers behind exponential token growth, and whether enterprise or consumer agents can justify the surge in token bills as global consumption scales toward quadrillions of tokens; 4) capital expenditure/free cash flow trajectories of hyperscale cloud operators

AASTOCKSJun 9 16:50

Express News | National-Level First Systematic Deployment on Empowering AI Development through Data

BreakingsJun 8 17:54

Kingsoft Cloud Holdings Ltd (3896) Gets a Buy From Guotai Haitong

TipRanksJun 5 08:25 · Ratings

Kingsoft Cloud Keeps Share Capital Stable, Confirms HKEX Float Compliance in May 2026

TipRanksJun 4 22:10

Kingsoft Cloud's AI Computing Cloud accounted for more than half of its public cloud revenue for the first time in Q1.

Kingsoft Cloud previously announced financial results showing that in the first quarter of 2026, it continued its high-quality growth trajectory, achieving revenue of RMB 2.7 billion, an increase of 37.2% year-over-year. During the quarter, public cloud revenue reached RMB 2.0 billion, up 47.5% year-over-year. Within this segment, AI computing cloud billing revenue amounted to RMB 1.0 billion, surging 90.1% year-over-year and accounting for 50.1% of public cloud revenue—the first time it has exceeded half of total public cloud revenue. This indicates that AI-related business has surpassed traditional infrastructure cloud services as the core driver of the company's performance growth, marking a milestone achievement in its strategic transformation toward AI. In the first quarter, the company reported adjusted gross profit of RMB 350 million.

Gelonghui FinanceJun 3 19:38