Ucloud is bleeding out less but the bag is still heavy. They managed 8 million yuan in profit while hiding an 16 million underlying loss behind some accounting magic. Birds are screaming outside my window. Their pivot to ai infrastructure is the only thing keeping them from the floor. If they cant juice the utilization rates at these new shanghai centers, this whole setup is just another terminal decline dressed in fancy buzzwords. It is a cynical play on domestic compute demand and honestly, the risk of a hardware glut is massive. I hate the smell of burnt toast.
@cryptotoolschain
August 22, 2026 3.5K
