Kingsoft Cloud (KC) Q1 2025 Earnings Call Transcript

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Kingsoft Cloud (NASDAQ:KC) management highlighted continued acceleration of AI-related business, with deployments such as the (OTC:XIACY) large language model training on Kingsoft Cloud infrastructure. Strategic capital allocation to AI computing clusters is expected to further support revenue growth, with official service launch anticipated in Q2 2025. The company disclosed that, beginning in the second half of 2024, pricing dynamics and profit-sharing models have started to compress gross margins for newer artificial intelligence (AI) infrastructure projects with non-key customers.

Source Fool.com