Kingsoft Cloud (KC) Surges Over 6% on New AI Support Announcement

Feb 10, 2025

Kingsoft Cloud (KC, Financial) experienced a significant stock price increase, rising over 6% to reach $18. In the Hong Kong market, Kingsoft Cloud also saw a surge of over 9%, marking a new all-time high.

The company announced its comprehensive support for DeepSeek-R1/V3 in public cloud and government cloud scenarios. This move aims to enhance its capabilities in high-performance large language model inference and fine-tuning tasks. Kingsoft Cloud has released various image services based on the DeepSeek-R1 distilled model, which users can try for free on the company's official website.

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