Macro_Lin(@LinQingV):Pretty much. But it’s not just one product line, it’s a demand stack. Tencent, Alibaba, ByteDance are all scaling inference clusters at the same time. $3B LTA from Tencent alone is just one buyer, one contract. And there’s a new variable: agentic AI is taking off fast, and Zhipu’s GLM-5.2 just hit frontier-level performance on coding/agent benchmarks while being open-weight and self-hostable at roughly 1/6 the cost of closed APIs. That changes the deployment math completely. Every major Chinese enterprise can now run frontier-grade agents on their own infra. Memory per AI server is already multiples of traditional cloud. Now multiply that by the kind of enterprise rollout these companies are gearing up for.

2026.06.29 09:40

Pretty much. But it’s not just one product line, it’s a demand stack. Tencent, Alibaba, ByteDance are all scaling inference clusters at the same time. $3B LTA from Tencent alone is just one buyer, one contract. And there’s a new variable: agentic AI is taking off fast, and Zhipu’s GLM-5.2 just hit frontier-level performance on coding/agent benchmarks while being open-weight and self-hostable at roughly 1/6 the cost of closed APIs. That changes the deployment math completely. Every major Chinese enterprise can now run frontier-grade agents on their own infra. Memory per AI server is already multiples of traditional cloud. Now multiply that by the kind of enterprise rollout these companies are gearing up for.

パウロ@paurooteri

2026.06.29 09:29

@LinQingV Why do they need that much sheer volume? Are they planning to roll out Agent AI CPUs and Huawei 950DTs across millions of clusters or something?