AITechNodeabout 1 hour ago
DataCanvas Shifts From Software To Infrastructure
8 min read
Chinese firm DataCanvas pivoted from AI software to computing infrastructure, filing for a Hong Kong listing on September 29, 2026. While AI software revenue dropped from 76.5% in 2023 to 0.1%, total revenue climbed to RMB1.10 billion in 2025. The company now derives 91.2% of sales from infrastructure solutions and 26.1% from cloud services in the first half of 2026.
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