Kingsoft Cloud raises prices for AI computing and file storage

Due to rising global demand for AI computing power and higher hardware costs, Kingsoft Cloud announced price adjustments for some products starting July 12, 2026. AI computing services will see a 15% to 50% increase, while file storage services will go up by 30% to 50%.

In the first quarter of this year, Kingsoft Cloud reported revenue of 2.7 billion yuan, up 37.2% year-on-year. Its smart computing cloud billing revenue reached 1.0 billion yuan, a 90.1% increase, making up over half of its public cloud revenue. Adjusted EBITDA rose 134.7% to 750 million yuan.

New billing cycles will be affected by the price changes, while existing orders remain unchanged during the current cycle. Specific prices are subject to the billing details on the console.