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Kingsoft Cloud Holdings Ltd (KC) Q3 2024 Earnings Call Highlights: Strong AI Revenue Growth and ...

By Yahoo! Finance   |   Nov 20, 2024 at 02:08 AM EST
Kingsoft Cloud Holdings Ltd (KC) Q3 2024 Earnings Call Highlights: Strong AI Revenue Growth and ...

The company plans to invest RMB1.22 billion in AI business servers. They see growth potential with strategic customers like Xiaomi and Kingsoft Group due to AI advancements. The outlook is positive with improved margins and revenue growth driven by AI contributions.

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