|
|
|
31.08.26 - 13:48
|
China′s Z.ai revenue jumps 400% as total losses narrow on explosive cloud gains (SCMP)
|
|
|
Chinese artificial intelligence company Z.ai on Monday reported a 400 per cent increase in first-half revenue, driven by explosive growth in its open platform and application programming interface business, which helped narrow total losses despite higher research and development spending.
Revenue for the six months ended June 30 rose to 953.89 million yuan (US$142 million). Full-year sales were expected to expand 514 per cent from last year's 724.3 million yuan, according to consensus estimates......
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
28.08.26 - 10:06
|
MiniMax expands Alibaba cloud pact as compute needs surge for training and inference (SCMP)
|
|
|
Chinese artificial intelligence firm MiniMax has raised the three-year purchase ceiling on its cloud computing deals with Alibaba Group Holding by 220 per cent to US$1.2 billion, underscoring surging demand for computing power among the country's top AI developers.
The Shanghai-based company planned to spend up to US$300 million on Alibaba Cloud services this year, nearly triple its original US$115 million cap, after burning through two-thirds of its budget by the end of June, according to its......
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Börsentreff auf Facebook |
Börsentreff auf X |
Börsentreff auf Instagram
