Shenzhen Yue Cloud Technology Co. was officially launched Tuesday at the Guangming Technology Finance Tower to provide computing services across the Guangdong-Hong Kong-Macao Greater Bay Area.

The company will invest in, build and operate high-performance intelligent computing clusters, offering computing power, applications, services and talent resources through an integrated platform.

Its planned computing and token platforms will provide at least 2,000 petaflops of computing capacity, with resources that can be scaled up as needed through a parallel computing network. The services will support large AI model training and inference, advanced scientific simulations and other applications for research institutions, educational organizations and small and medium-sized enterprises.

A pay-as-you-go model will allow users to access standardized computing and token services on demand, helping lower costs and barriers to adoption.

Guangming is home to more than 140 companies across the AI industry chain, spanning semiconductor components and server hardware. The new company is expected to strengthen the district's AI computing services sector, particularly in Guangming Science City, and improve coordination across chip manufacturing, server production, computing infrastructure and downstream AI applications.