Wire
Maase Launches Stars Project With Partners
Maase (MAAS) said Wednesday that its consolidated entity Huazhi Future Technology, along with China Power Computing Technology Application and Sino-International Yuzhi Technology, has launched the Stars Distributed Intelligent Computing Center project.The project involves planned investment of up to 5 billion renminbi ($733 million), the company said.It is designed to support the Chinese government's national initiatives to build an intelligent computing infrastructure network covering key regions, deliver standardized computing units, and enhance regional computing supply capacity and utilization efficiency.The Stars Project will adopt a three-layer collaborative architecture to address challenges related to latency, bandwidth costs, and data compliance bottlenecks when deploying AI applications in end-user scenarios such as industrial and urban governance, according to a statement.The company said the project will also promote edge computing and adopt a containerized, modular deployment method to address latency and data residency challenges associated with traditional centralized intelligent computing centers.Price: $13.16, Change: $+4.08, Percent Change: +44.90%
$MAAS