Ten-Thousand-GPU Token Factory Launches in Hangzhou: AI Infra Shifts from Compute Leasing to 'Token-as-a-Service'

The most valuable info in this article is that Qujing Tech's planned ten-thousand-card AI Token factory in Qianjiang Century City marks a shift in domestic AI computing infrastructure from "general-purpose GPU clusters" to "Token-dedicated factories optimized for inference throughput." Its five-year cycle aligns closely with the investment rhythm of Hangzhou's "China Vision Valley" industrial fund, potentially forming a new commercial closed loop.