Xiaomi's shares surged nearly 7% to reach a record high following reports of the company's plans to build its own GPU cluster. This initiative is part of Xiaomi's strategy to enhance its investments in artificial intelligence (AI) and large models. Local media indicated that the company is investing heavily in AI, with its large model team reportedly having access to 6,500 GPU resources at the time of establishment. The announcement has also positively impacted the stock of Kingsoft Cloud, co-founded by Xiaomi Chairman Lei Jun, which saw a rise of 41.68% in Hong Kong. Additionally, Xiaomi's R&D investment is projected to hit $4 billion by 2025, reflecting its commitment to advancing AI technologies.