Xingyun Technology: Wholly-owned subsidiary signs 1.014 billion yuan computing power service agreement
Xingyun Technology's wholly-owned subsidiary has entered into a five-year, 1.014 billion yuan agreement to provide computing power services to a VB customer. In a separate announcement, Zhangjiang Hi-Tech Park plans to transfer a 16.51% stake in Shanghai Zhangjiang Science Gate Technology Development Co., Ltd. to Zhangjiang Group for 1.28 billion yuan. This move aims to optimize Zhangjiang Hi-Tech Park's asset structure and refocus on its core businesses in technology investment and integrated circuit services. The cluster also notes a surge in Zhipu AI's stock price, reaching a new single-day trading volume high since its IPO. AI
IMPACT Computing power deals and AI company stock performance indicate continued investment and market interest in the AI sector.