A · Important
[Paradigm Intelligence’s computing power expenditure exceeded 2.2 billion in the first half of the year, using Ascend 950 as the core computing power base] On August 31, artificial intelligence enterprise Paradigm Intelligence recently reached a cooperation with Huawei. The company will use Huawei’s Ascend 950 and other advanced domestic chips as the core computing power base to drive the implementation of the AI large model industry. The company disclosed at the end of April that it planned to spend 400 million yuan to purchase GPU servers and related accessories; in the first half of this year, the company's computing power-related capital expenditures reached 2.237 billion yuan. (21 Finance)
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