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Xingyun Technology (行云科技) secures 5-year compute service contract worth RMB 55.08 billion (~$7.6 billion USD) with venture-capital customer.
Large-scale Chinese AI infrastructure capacity committed; consolidates domestic compute supply chain and signals strong on-shore demand appetite.
Trade pressSlicast · July 1, 2026 at 12:15 UTC · China · Source: 36氪
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