Bloomberg said documents show Moonshot AI involved in B300 server computing power contracts, company denies existing business relationship

AT A GLANCE

Bloomberg reported, based on financing documents, that Kimi is involved in domestic B300 computing power leasing, but Moonshot AI denies the relevant financing arrangements and current business relationship.

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Bloomberg: Kimi has rented top-tier Nvidia B300 chips domestically: 32 servers valued at 432000000

Dongcha Beating AI flash news, according to Bloomberg, Moonshot AI (Kimi) has successfully rented top-tier Nvidia B300 chips domestically.

Bloomberg found two financing contracts submitted to a regulatory database showing that 32 Supermicro servers equipped with B300 are located in Qingyang, Gansu, with a total valuation of 432000000 yuan. The B300 belongs to Nvidia's Blackwell Ultra series and is a top-tier AI chip whose export to China is strictly restricted by the United States. The average valuation of the 32 servers is 13500000 yuan, about 350% higher than the market price of comparable products in the United States.

The contracts were signed in August this year. The servers are held by Lingmeixin (Beijing) Technology, which borrowed 200000000 yuan from Bank of Beijing Zhongguancun. In addition to the servers, the collateral included a computing power service contract signed with Moonshot AI, involving expected revenue of 345600000 yuan.

Lingmeixin was engaged in businesses such as drones and computer vision in its early years. It purchased this batch of servers from a newly established subsidiary of Beijing Chunju Technology, which previously mainly operated e-commerce for liquor such as Moutai and only later expanded into AI business. The documents do not explain where these servers subject to U.S. export controls were originally procured.

After Bloomberg sought verification from Moonshot AI, Lingmeixin and the bank on November 3, Moonshot AI's name no longer appeared in the relevant documents in the database.

Moonshot AI also denied participating in or authorizing the relevant financing and guarantee arrangements, saying it currently has no business relationship with Lingmeixin and was unaware of these arrangements. Nvidia and Supermicro said the companies involved in the procurement are not their customers.

Original link https://m.theblockbeats.info/flash/376550

Key points

According to the original text, Bloomberg found two financing contracts submitted to a regulatory database, involving 32 Supermicro servers equipped with B300 chips located in Qingyang, Gansu, with a total valuation of 432000000 yuan.
The original text states that the B300 belongs to NVIDIA's Blackwell Ultra series, an AI chip strictly restricted by the U.S. from export to China; the aforementioned servers are valued at an average of 13500000 yuan each, approximately 350% higher than the market price of comparable U.S. products.
According to reports, the contracts were signed in August of this year, and the servers are held by Lingmeixin (Beijing) Technology, which obtained a loan of 200000000 yuan from Beijing Zhongguancun Bank.
The collateral described in the report includes the servers, as well as a computing power service contract signed with Moonshot AI involving 345600000 yuan in expected revenue.
According to reports, Lingmeixin purchased the servers from a newly established subsidiary of Beijing Chunju Technology; the documents do not disclose the original procurement source of the servers.
The original text states that after Bloomberg reached out to Moonshot AI, Lingmeixin, and the bank on November 3, the relevant files in the database no longer showed Moonshot AI's name.
Moonshot AI denies participating in or authorizing the relevant financing and collateral arrangements, stating that it currently has no business relationship with Lingmeixin and is unaware of these arrangements.
NVIDIA and Supermicro stated that the companies involved in the procurement are not their customers.

AI-assisted interpretation

The following is analysis, separate from reported facts. Verify important claims independently.

The core of this news is the discrepancy between the financing documents and the companies' responses. The documents in the report link the servers, the loan, and the computing power service contract involving Moonshot AI, but Moonshot AI denies the relevant arrangements and current business relationship. Therefore, one cannot conclude from the headline alone that Kimi has actually leased these chips; the expected revenue in the contract also does not equal revenue already received.

Why it matters to readers

The report simultaneously involves export-restricted chips, the procurement source of the servers, and the authenticity of the computing power contract. The discrepancies between the documents and the companies' responses are the key to understanding this news.

One should distinguish between server valuation, bank loans, and expected contract revenue, as they are not the same type of amount; one should also distinguish between documented records, media reports, and confirmations by the parties involved, and should not treat a disputed leasing relationship as a settled conclusion.

Risks and unknowns

The original procurement source of the servers has not been disclosed, and export control compliance cannot be confirmed.
Moonshot AI's actual leasing situation, the authenticity of the computing power service contract, and its fulfillment status cannot yet be confirmed.
The reason why Moonshot AI's name no longer appears in the database files is unclear, and no party's motives can be inferred from this.

Bloomberg said documents show Moonshot AI involved in B300 server computing power contracts, company denies existing business relationship

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