Chinese AI firms are losing billions
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Date: July 19th, 2026 7:32 PM Author: puce cracking university
Alibaba is a major investor of Moonshot. Kimi, in turn, uses a big chunk of AliCloud GPUs (oftentimes competing away Qwen team's resources)
10 days ago, Alibaba previewed quarterly earnings saying AliCloud is growing 40+%. This was ofc before K3
Could be a monster quarter for APAC's biggest cloud
https://x.com/i/status/2078862978737402304
(http://www.autoadmit.com/thread.php?thread_id=5884298&forum_id=2Reputation#50010817) |
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