Tianyang Technology and Capital Online have established a joint venture, Gansu Tianyang Shujin Zhiyun Technology, with an initial capital of 100 million yuan. Tianyang Technology will contribute 70 million yuan, holding a 70% stake in the new entity. This collaboration aims to leverage the combined resources of both companies to offer computing power leasing services. AI
IMPACT Establishes a new entity focused on compute leasing, potentially impacting AI infrastructure availability.
RANK_REASON This is a joint venture announcement for a specific business service, not a core AI release or significant industry-wide event.
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