Greg Gao

(JW Insights) Oct 31 -- China’s leading AI solutions supplier CloudWalk Technology(云从科技), in collaboration with Huawei, is set to jointly release a large language model integrated computer. The company shared this information in its investor relationship management platform of the Shanghai Stock Exchange on October 30.

CloudWalk and Huawei plans to sign a comprehensive cooperation framework agreement.

In response to investors’ questions on the company’s Western Intelligent Computing Center, which landed in the Liangjiang New Area in May this year, CloudWalk, replied that the progress of the construction of the Western Intelligent Computing Center’s computing power scale is steadily advancing according to the established plan. Specific data will be disclosed in subsequent company announcements. 

The company maintains a strong partnership with key computing power suppliers, and its hardware has many advantages in computing power. CloudWalk has signed a strategic cooperation agreement with cloud computing service provider UCloud and server provider Sugon. Moreover, the compatibility between models and servers has been achieved in partnership with Cambricon.

As of October 30, CloudWalk has a market capitalization of RMB1.4279 billion($195 million), with a stock price of RMB13.77($1.9) per share, marking a 3.92% increase from the previous day’s closing price.

Founded in 2015 and based in Guangzhou, south China’s Guangdong Province, CloudWalk Technology is an artificial intelligence facial recognition firm whose technology is widely applied in the financial, public security, and aviation sectors. 

CloudWalk’s products include facial recognition terminals, facial scanning door entry, and infrared binocular scanning machines. On May 27, 2022, Cloudwalk officially listed on the Science and Technology Innovation Board of the Shanghai Stock Exchange, with a total market capitalization of RMB15.85 billion.