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Chinese company Xiexie Data announced plans to raise up to 80 billion yuan (~$11B) for AI data centers and storage infrastructure expansion.
80B yuan allocation to domestic AI datacenter buildout reflects accelerating Chinese capex competition in AI infrastructure.
Trade pressSlicast · June 27, 2026 · China · Source: 36氪
importance 91Chinese company Xiexie Data announced plans to raise up to 80 billion yuan (~$11B) for AI data centers and storage infrastructure expansion.
80B yuan allocation to domestic AI datacenter buildout reflects accelerating Chinese capex competition in AI infrastructure.