Kingsoft Cloud (KC) Hits Record Highs on DeepSeek Support Expansion

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Feb 10, 2025
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Kingsoft Cloud Holdings Limited (KC, Financial) saw its shares surge over 9% in the Hong Kong market, setting a new record high. This positive momentum also influenced its U.S. stock, which climbed more than 6% in pre-market trading.

The rally follows Kingsoft Cloud's announcement regarding its enhanced support for DeepSeek-R1/V3 across public cloud and state-owned/government cloud services. This expansion aims to bolster its capabilities in high-performance large language model inference and fine-tuning tasks.

Kingsoft Cloud has introduced a variety of image services based on the DeepSeek-R1 distilled model, available for free on its official website. Users can deploy inference services and perform parameter tuning on public cloud GPU servers and GPU bare metal servers, enabling the operation of the DeepSeek series models.

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