Bloomberg: Kimi has secured top-tier Nvidia B300 chips domestically: 32 servers valued at $432 million.

Beating AI News Flash: According to Bloomberg, Moonshot (Kimi) has successfully rented Nvidia's top-tier B300 chips in China.

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 RMB 432 million. 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 32 servers have an average valuation of RMB 13.5 million, about 350% higher than the market price of comparable US products.

The contracts were signed in August this year. The servers are held by Lingmeixin (Beijing) Technology, which borrowed RMB 200 million from Beijing Zhongguancun Bank. In addition to the servers, the collateral includes a computing power service contract signed with Moonshot, involving expected revenue of RMB 345.6 million.

Lingmeixin previously engaged in businesses such as drones and computer vision. It purchased these servers from a newly established subsidiary of Beijing Chunjui 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 US export controls were originally procured.

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

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