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- Quant hedge funds flock to Ulanqab as GPU prices triple and compute arms race intensifies
A 36Kr repost of a Yuanchuan Investment Review feature reports that Chinese quant hedge funds are moving training data centers to Ulanqab in Inner Mongolia to tap cheap wind and coal power as GPU costs surge. One quant fund manager said graphics card prices have roughly tripled over the past year, with an 8-GPU A100 server rising from about 400,000 yuan to more than 1.2 million yuan and monthly rent for such a machine climbing from 30,000–40,000 yuan to 80,000 yuan. The article also cites Bloomberg saying DeepSeek plans an approximately 1GW AI data center in Ulanqab with at least 160,000 Huawei Ascend 950DT chips, a claim not confirmed by DeepSeek or Huawei.
36氪 人工智能 · 🔥 0
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