Zhipu shares surge 37% as firm builds giant data centre powered by Chinese chips

The Chinese AI firm’s stock price has rebounded amid reports it has completed a 1-gigawatt computing centre using only domestic chips Meanwhile, the Beijing-based company had also completed the acquisition of Chinese infrastructure software developer XCore Sigma, a company spun off from the Chinese Academy of Sciences, the interviewees said. XCore Sigma focuses on heterogeneous computing software, including compilers, runtime systems and inference engines that help improve the utilisation of AI chips from different vendors, reduce inference costs and accelerate model deployment. Z.ai did not immediately respond to a request for comment on Tuesday. The move, together with the new data centre, is set to address computing power constraints and improve AI inference efficiency for Z.ai.

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