Xunce Technology Launches TokenCloud, Plans Up To RMB12B AI Capex
Xunce Technology Launches TokenCloud, Plans Up To RMB12B AI Capex
Xunce Technology launched TokenCloud for AI training and inference and proposed investing up to RMB 12B in phased AI computing centers, subject to EGM approval.
This marks an expansion from digital infrastructure into vertically integrated AI services, aligning with rising GPU pricing and demand. A binding EGM approval, loan close, and disclosed contract wins or capacity adds would turn this into a stronger earnings catalyst.
Based on the original press release from Xunce Technology distributed by EQS.
Related Stories
AI News
Graphic novel The God Machine Asks a Provocative Question: Can Humanity Trust the Artificial Intelligence It Creates?
17 minutes ago
AI News
20 approaches to writing better AI prompts
17 minutes ago
AI News
Tech leaders, governments split over ‘AI doom’ fears
17 minutes ago
AI News
How Artificial Intelligence Is Changing the Way People Plan and Book Travel
1 hour ago
AI News
Trump Proposes Renaming Artificial Intelligence
1 hour ago
AI News
Trump Announces a National Force Dedicated to Artificial Intelligence
2 hours ago
AI News
Trump Proposes ‘AI Force,’ Says Artificial Intelligence Could Reach 25% of U.S. GDP
2 hours ago
AI News
Nvidia boss says there is ‘0% chance’ AI destroys the world by 2030
2 hours ago