Xiaomi's ecosystem surges, Xiaomi rises over 6%, Kingsoft Cloud skyrockets over 40%
Xiaomi is launching a rapid offensive in the large model space
Kingsoft Cloud's Hong Kong stock surged over 40%, while Xiaomi once rose more than 6%, with its stock price approaching a historical high, having accumulated over 123% increase since the beginning of the year.
Reports indicate that Xiaomi is strengthening the development of its own AI large model and is currently deploying a GPU cluster of 10,000 cards, significantly increasing from about 6,500 GPUs when its large model team was established. The report cites informed sources stating that Xiaomi began promoting this plan months ago, led by the group's chairman Lei Jun.
Additionally, it was previously reported that Lei Jun personally invested heavily to recruit Luo Fuli, one of the key developers of the DeepSeek open-source large model DeepSeek-V2, to join Xiaomi, who is expected to lead Xiaomi's large model team