China’s Huawei Technology will undertake a significant restructuring of its cloud computing sector, focusing resources on artificial intelligence (AI) amid increasing tech rivalry with the United States.
This comes as Huawei Cloud CEO Zhang Pingan announced the reorganization of several departments on Aug. 22, with the goal of focusing on developing AI.
According to mainland Chinese media, Huawei Cloud suffered a loss in 2024 and aims to achieve profitability this year through AI. Dozens of departments will be cut or merged, including the product, public cloud service, and R&D departments. The restructuring could involve layoffs affecting thousands of employees.
Huawei Cloud confirmed on Aug. 25 that it will invest more resources in AI and computing….
Huawei Restructures Cloud Business to Prioritize AI Amid US Tech Rivalry
