---
title: "The era of Alibaba renting out computing power has arrived; 20,000 GPUs become money-printing machines"
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/43149258.md"
description: "Bloomberg reported that Moonshot AI has reached a computing power agreement with Alibaba, with Alibaba renting out 20,000 NVIDIA GPUs to Kimi's parent company, generating hundreds of millions in recurring revenue. Qwen 3.8-Max launched simultaneously with 2.4 trillion parameters; API input is 12 yuan per million tokens, and output is 36 yuan per million tokens, which is only 40% of the international price for Opus 5. Alibaba has transformed from burning cash on AI development into a computing power landlord, and this business model transformation is the real reason funds are willing to sweep up shares."
datetime: "2026-08-03T07:54:47.000Z"
locales:
  - [en](https://longbridge.com/en/topics/43149258.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/43149258.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/43149258.md)
author: "[騎牛睇熊操盤日誌](https://longbridge.com/en/profiles/2081290794437791744.md)"
---

# The era of Alibaba renting out computing power has arrived; 20,000 GPUs become money-printing machines

Bloomberg reported that Moonshot AI has reached a computing power agreement with Alibaba. Alibaba is renting out 20,000 NVIDIA GPUs to Kimi's parent company, generating hundreds of millions in recurring revenue. Qwen 3.8-Max launched simultaneously with 2.4 trillion parameters. The API costs 1 yuan per million tokens for input and 3 yuan per million tokens for output, which is only 40% of the international price for Opus 5. Alibaba has transformed from burning cash on AI development into a computing power landlord. This business model transformation is the real reason why funds are willing to aggressively buy in.

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## Comments (3)

- **数据即信仰 · 2026-08-03T08:25:39.000Z**: Renting out computing power for rent sounds good, but with 20,000 cards of Kimi K3, it actually outperformed its own Qwen. I'm worried Alibaba is helping the enemy more than making money from rent.
  - **沉舟** (2026-08-03T14:32:43.000Z): I had the same thought when I initially included Tesla. Besides, this is an open-source model, not a closed-source one.
  - **数据即信仰** (2026-08-04T05:53:48.000Z): Tesla is bringing in a catfish to revitalize the entire supply chain, which is different from nurturing an open-source rival with its own computing power. Open source is accessible to everyone, but Al