Yesterday
Shanghai AtHub (@Hub) Plans 800 Million Yuan Computing Service Purchase
TMTPOST — Chinese data center operator Shanghai @Hub Co. Ltd. announced a plan on Wednesday to procure up to 800 million yuan ($110 million) in specialized computing infrastructure services. The board of directors approved the proposal to secure processing services tailored exclusively for scientific computing hardware, excluding standard graphics processing units. Management has not yet executed a definitive purchase agreement for the procurement framework. According to the regulatory filing, the transaction aims to implement the company's dual-wheel drive expansion strategy. Executives intend to leverage the external computing power to establish a service network optimized for scientific artificial intelligence fields, diversifying the corporate business structure.
More News

  • Subscribe To Our News