Kingsoft Cloud will speed GPU compute-cluster construction in H2 to meet surging
demand from major clients. Xiaomi has upgraded its requirement from a 10k‑card
cluster to a hyperscale GPU cluster and increased its investment plan from
nearly 4 bln yuan to over 10 bln yuan. Alibaba’s large‑model team signed a
five‑year compute lease with Kingsoft Cloud for more than 3,000 eight‑GPU
servers; at contracted monthly rents the deal implies roughly 300 mln yuan/month
on full delivery and annualized revenue above 4 bln yuan.