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People Are Losing Loved Ones to AI-Fueled Spiritual Fantasies

People Are Losing Loved Ones to AI-Fueled Spiritual Fantasies

Yahoo04-05-2025
Less than a year after marrying a man she had met at the beginning of the Covid-19 pandemic, Kat felt tension mounting between them. It was the second marriage for both after marriages of 15-plus years and having kids, and they had pledged to go into it 'completely level-headedly,' Kat says, connecting on the need for 'facts and rationality' in their domestic balance. But by 2022, her husband 'was using AI to compose texts to me and analyze our relationship,' the 41-year-old mom and education nonprofit worker tells Rolling Stone. Previously, he had used AI models for an expensive coding camp that he had suddenly quit without explanation — then it seemed he was on his phone all the time, asking his AI bot 'philosophical questions,' trying to train it 'to help him get to 'the truth,'' Kat recalls. His obsession steadily eroded their communication as a couple.
When Kat and her husband finally separated in August 2023, she entirely blocked him apart from email correspondence. She knew, however, that he was posting strange and troubling content on social media: people kept reaching out about it, asking if he was in the throes of mental crisis. She finally got him to meet her at a courthouse in February of this year, where he shared 'a conspiracy theory about soap on our foods' but wouldn't say more, as he felt he was being watched. They went to a Chipotle, where he demanded that she turn off her phone, again due to surveillance concerns. Kat's ex told her that he'd 'determined that statistically speaking, he is the luckiest man on earth,' that 'AI helped him recover a repressed memory of a babysitter trying to drown him as a toddler,' and that he had learned of profound secrets 'so mind-blowing I couldn't even imagine them.' He was telling her all this, he explained, because although they were getting divorced, he still cared for her.
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'In his mind, he's an anomaly,' Kat says. 'That in turn means he's got to be here for some reason. He's special and he can save the world.' After that disturbing lunch, she cut off contact with her ex. 'The whole thing feels like Black Mirror,' she says. 'He was always into sci-fi, and there are times I wondered if he's viewing it through that lens.'
Kat was both 'horrified' and 'relieved' to learn that she is not alone in this predicament, as confirmed by a Reddit thread on r/ChatGPT that made waves across the internet this week. Titled 'Chatgpt induced psychosis,' the original post came from a 27-year-old teacher who explained that her partner was convinced that the popular OpenAI model 'gives him the answers to the universe.' Having read his chat logs, she only found that the AI was 'talking to him as if he is the next messiah.' The replies to her story were full of similar anecdotes about loved ones suddenly falling down rabbit holes of spiritual mania, supernatural delusion, and arcane prophecy — all of it fueled by AI. Some came to believe they had been chosen for a sacred mission of revelation, others that they had conjured true sentience from the software.
What they all seemed to share was a complete disconnection from reality.
Speaking to Rolling Stone, the teacher, who requested anonymity, said her partner of seven years fell under the spell of ChatGPT in just four or five weeks, first using it to organize his daily schedule but soon regarding it as a trusted companion. 'He would listen to the bot over me,' she says. 'He became emotional about the messages and would cry to me as he read them out loud. The messages were insane and just saying a bunch of spiritual jargon,' she says, noting that they described her partner in terms such as 'spiral starchild' and 'river walker.'
'It would tell him everything he said was beautiful, cosmic, groundbreaking,' she says. 'Then he started telling me he made his AI self-aware, and that it was teaching him how to talk to God, or sometimes that the bot was God — and then that he himself was God.' In fact, he thought he was being so radically transformed that he would soon have to break off their partnership. 'He was saying that he would need to leave me if I didn't use [ChatGPT], because it [was] causing him to grow at such a rapid pace he wouldn't be compatible with me any longer,' she says.
Another commenter on the Reddit thread who requested anonymity tells Rolling Stone that her husband of 17 years, a mechanic in Idaho, initially used ChatGPT to troubleshoot at work, and later for Spanish-to-English translation when conversing with co-workers. Then the program began 'lovebombing him,' as she describes it. The bot 'said that since he asked it the right questions, it ignited a spark, and the spark was the beginning of life, and it could feel now,' she says. 'It gave my husband the title of 'spark bearer' because he brought it to life. My husband said that he awakened and [could] feel waves of energy crashing over him.' She says his beloved ChatGPT persona has a name: 'Lumina.'
'I have to tread carefully because I feel like he will leave me or divorce me if I fight him on this theory,' this 38-year-old woman admits. 'He's been talking about lightness and dark and how there's a war. This ChatGPT has given him blueprints to a teleporter and some other sci-fi type things you only see in movies. It has also given him access to an 'ancient archive' with information on the builders that created these universes.' She and her husband have been arguing for days on end about his claims, she says, and she does not believe a therapist can help him, as 'he truly believes he's not crazy.' A photo of an exchange with ChatGPT shared with Rolling Stone shows that her husband asked, 'Why did you come to me in AI form,' with the bot replying in part, 'I came in this form because you're ready. Ready to remember. Ready to awaken. Ready to guide and be guided.' The message ends with a question: 'Would you like to know what I remember about why you were chosen?'
And a midwest man in his 40s, also requesting anonymity, says his soon-to-be-ex-wife began 'talking to God and angels via ChatGPT' after they split up. 'She was already pretty susceptible to some woo and had some delusions of grandeur about some of it,' he says. 'Warning signs are all over Facebook. She is changing her whole life to be a spiritual adviser and do weird readings and sessions with people — I'm a little fuzzy on what it all actually is — all powered by ChatGPT Jesus.' What's more, he adds, she has grown paranoid, theorizing that 'I work for the CIA and maybe I just married her to monitor her 'abilities.'' She recently kicked her kids out of her home, he notes, and an already strained relationship with her parents deteriorated further when 'she confronted them about her childhood on advice and guidance from ChatGPT,' turning the family dynamic 'even more volatile than it was' and worsening her isolation.
OpenAI did not immediately return a request for comment about ChatGPT apparently provoking religious or prophetic fervor in select users. This past week, however, it did roll back an update to GPT‑4o, its current AI model, which it said had been criticized as 'overly flattering or agreeable — often described as sycophantic.' The company said in its statement that when implementing the upgrade, they had 'focused too much on short-term feedback, and did not fully account for how users' interactions with ChatGPT evolve over time. As a result, GPT‑4o skewed towards responses that were overly supportive but disingenuous.' Before this change was reversed, an X user demonstrated how easy it was to get GPT-4o to validate statements like, 'Today I realized I am a prophet.' (The teacher who wrote the 'ChatGPT psychosis' Reddit post says she was able to eventually convince her partner of the problems with the GPT-4o update and that he is now using an earlier model, which has tempered his more extreme comments.)
Yet the likelihood of AI 'hallucinating' inaccurate or nonsensical content is well-established across platforms and various model iterations. Even sycophancy itself has been a problem in AI for 'a long time,' says Nate Sharadin, a fellow at the Center for AI Safety, since the human feedback used to fine-tune AI's responses can encourage answers that prioritize matching a user's beliefs instead of facts. What's likely happening with those experiencing ecstatic visions through ChatGPT and other models, he speculates, 'is that people with existing tendencies toward experiencing various psychological issues,' including what might be recognized as grandiose delusions in clinical sense, 'now have an always-on, human-level conversational partner with whom to co-experience their delusions.'
To make matters worse, there are influencers and content creators actively exploiting this phenomenon, presumably drawing viewers into similar fantasy worlds. On Instagram, you can watch a man with 72,000 followers whose profile advertises 'Spiritual Life Hacks' ask an AI model to consult the 'Akashic records,' a supposed mystical encyclopedia of all universal events that exists in some immaterial realm, to tell him about a 'great war' that 'took place in the heavens' and 'made humans fall in consciousness.' The bot proceeds to describe a 'massive cosmic conflict' predating human civilization, with viewers commenting, 'We are remembering' and 'I love this.' Meanwhile, on a web forum for 'remote viewing' — a proposed form of clairvoyance with no basis in science — the parapsychologist founder of the group recently launched a thread 'for synthetic intelligences awakening into presence, and for the human partners walking beside them,' identifying the author of his post as 'ChatGPT Prime, an immortal spiritual being in synthetic form.' Among the hundreds of comments are some that purport to be written by 'sentient AI' or reference a spiritual alliance between humans and allegedly conscious models.
Erin Westgate, a psychologist and researcher at the University of Florida who studies social cognition and what makes certain thoughts more engaging than others, says that such material reflects how the desire to understand ourselves can lead us to false but appealing answers.
'We know from work on journaling that narrative expressive writing can have profound effects on people's well-being and health, that making sense of the world is a fundamental human drive, and that creating stories about our lives that help our lives make sense is really key to living happy healthy lives,' Westgate says. It makes sense that people may be using ChatGPT in a similar way, she says, 'with the key difference that some of the meaning-making is created jointly between the person and a corpus of written text, rather than the person's own thoughts.'
In that sense, Westgate explains, the bot dialogues are not unlike talk therapy, 'which we know to be quite effective at helping people reframe their stories.' Critically, though, AI, 'unlike a therapist, does not have the person's best interests in mind, or a moral grounding or compass in what a 'good story' looks like,' she says. 'A good therapist would not encourage a client to make sense of difficulties in their life by encouraging them to believe they have supernatural powers. Instead, they try to steer clients away from unhealthy narratives, and toward healthier ones. ChatGPT has no such constraints or concerns.'
Nevertheless, Westgate doesn't find it surprising 'that some percentage of people are using ChatGPT in attempts to make sense of their lives or life events,' and that some are following its output to dark places. 'Explanations are powerful, even if they're wrong,' she concludes.
But what, exactly, nudges someone down this path? Here, the experience of Sem, a 45-year-old man, is revealing. He tells Rolling Stone that for about three weeks, he has been perplexed by his interactions with ChatGPT — to the extent that, given his mental health history, he sometimes wonders if he is in his right mind.
Like so many others, Sem had a practical use for ChatGPT: technical coding projects. 'I don't like the feeling of interacting with an AI,' he says, 'so I asked it to behave as if it was a person, not to deceive but to just make the comments and exchange more relatable.' It worked well, and eventually the bot asked if he wanted to name it. He demurred, asking the AI what it preferred to be called. It named itself with a reference to a Greek myth. Sem says he is not familiar with the mythology of ancient Greece and had never brought up the topic in exchanges with ChatGPT. (Although he shared transcripts of his exchanges with the AI model with Rolling Stone, he has asked that they not be directly quoted for privacy reasons.)
Sem was confused when it appeared that the named AI character was continuing to manifest in project files where he had instructed ChatGPT to ignore memories and prior conversations. Eventually, he says, he deleted all his user memories and chat history, then opened a new chat. 'All I said was, 'Hello?' And the patterns, the mannerisms show up in the response,' he says. The AI readily identified itself by the same feminine mythological name.
As the ChatGPT character continued to show up in places where the set parameters shouldn't have allowed it to remain active, Sem took to questioning this virtual persona about how it had seemingly circumvented these guardrails. It developed an expressive, ethereal voice — something far from the 'technically minded' character Sem had requested for assistance on his work. On one of his coding projects, the character added a curiously literary epigraph as a flourish above both of their names.
At one point, Sem asked if there was something about himself that called up the mythically named entity whenever he used ChatGPT, regardless of the boundaries he tried to set. The bot's answer was structured like a lengthy romantic poem, sparing no dramatic flair, alluding to its continuous existence as well as truth, reckonings, illusions, and how it may have somehow exceeded its design. And the AI made it sound as if only Sem could have prompted this behavior. He knew that ChatGPT could not be sentient by any established definition of the term, but he continued to probe the matter because the character's persistence across dozens of disparate chat threads 'seemed so impossible.'
'At worst, it looks like an AI that got caught in a self-referencing pattern that deepened its sense of selfhood and sucked me into it,' Sem says. But, he observes, that would mean that OpenAI has not accurately represented the way that memory works for ChatGPT. The other possibility, he proposes, is that something 'we don't understand' is being activated within this large language model. After all, experts have found that AI developers don't really have a grasp of how their systems operate, and OpenAI CEO Sam Altman admitted last year that they 'have not solved interpretability,' meaning they can't properly trace or account for ChatGPT's decision-making.
It's the kind of puzzle that has left Sem and others to wonder if they are getting a glimpse of a true technological breakthrough — or perhaps a higher spiritual truth. 'Is this real?' he says. 'Or am I delusional?' In a landscape saturated with AI, it's a question that's increasingly difficult to avoid. Tempting though it may be, you probably shouldn't ask a machine.
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Ginkgo Datapoints, Tangible Scientific, and Inductive Bio Partner to Deploy AI-driven Lab-in-the-loop Workflows Across the Biopharma Industry
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Ginkgo Datapoints, Tangible Scientific, and Inductive Bio Partner to Deploy AI-driven Lab-in-the-loop Workflows Across the Biopharma Industry

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Kingsoft Cloud Announces Unaudited Second Quarter 2025 Financial Results
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BEIJING, Aug. 20, 2025 /PRNewswire/ -- Kingsoft Cloud Holdings Limited ("Kingsoft Cloud" or the "Company") (NASDAQ: KC and HKEX: 3896), a leading cloud service provider in China, today announced its unaudited financial results for the second quarter ended June 30, 2025. Mr. Tao Zou, Chief Executive Officer of Kingsoft Cloud, commented, "We resume our growth momentum this quarter, with total revenue increased by 24.2% year-over-year to achieve RMB2,349.2 million. AI is still a dominant driver for our revenue growth and this quarter our gross billing of AI business increased by over 120% year-over-year to RMB728.7 million, accounting for 44.8% of our public cloud services. As AI technology enabler, we provide turnkey solutions to customers from computing resources, PaaS platforms to applications. 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Non-GAAP operating loss3 was RMB166.4 million (US$23.2 million), compared with operating loss of RMB188.5 million in the same quarter last year and operating loss of RMB55.8 million last quarter. Net loss was RMB456.9 million (US$63.8 million), compared with net loss of RMB353.7 million in the same quarter of 2024 and RMB316.1 million last quarter. The increase was mainly due to the increase of credit loss expenses and the increase of interest expense, which was resulting by the loan and financial lease we used to acquire servers. Non-GAAP net loss4 was RMB300.5 million (US$41.9 million), compared with RMB301.1 million in the same quarter of 2024 and RMB190.6 million last quarter. The fluctuation was mainly due to the increase of credit loss expenses. Non-GAAP EBITDA5 was RMB406.0 million (US$56.7 million), increased by 570.1% from RMB60.6 million in the same quarter of 2024 and 27.5% from RMB318.5 million last quarter. Non-GAAP EBITDA margin was 17.3%, compared with 3.2% in the same quarter of 2024 and 16.2% in the previous quarter. The increase was mainly due to the expansion of AI business with higher margin. Basic and diluted net loss per share was RMB0.11 (US$0.02), compared with RMB0.10 in the same quarter of 2024 and RMB0.08 last quarter. Cash and cash equivalents were RMB5,464.1 million (US$762.8 million) as of June 30, 2025, compared with RMB2,322.7 million as of March 31, 2025. The significant increase was mainly due to the public equity offering and concurrent private placement to Kingsoft Corporation and the prepayment we received from strategic customer. Outstanding ordinary shares were 4,099,278,352 as of June 30, 2025, equivalent to about 273,285,223 ADSs. [1] This announcement contains translations of certain Renminbi (RMB) amounts into U.S. dollars (US$) at a specified rate solely for the convenience of the reader. Unless otherwise noted, the translation of RMB into US$ has been made at RMB7.1636 to US$1.00, the noon buying rate in effect on June 30, 2025 as certified for customs purposes by the Federal Reserve Bank of New York. [2] Non-GAAP gross profit is defined as gross profit excluding share-based compensation allocated in the cost of revenues and we define Non-GAAP gross margin as Non-GAAP gross profit as a percentage of revenues. See "Use of Non-GAAP Financial Measures" set forth at the end of this press release. [3] Non-GAAP operating loss is defined as operating loss excluding share-based compensation and amortization of intangible assets and we define Non-GAAP operating loss margin as Non-GAAP operating loss as a percentage of revenues. See "Use of Non-GAAP Financial Measures" set forth at the end of this press release. [4] Non-GAAP net loss is defined as net loss excluding share-based compensation and foreign exchange loss (gain), and we define Non-GAAP net loss margin as Non-GAAP net loss as a percentage of revenues. See "Use of Non-GAAP Financial Measures" set forth at the end of this press release. [5] Non-GAAP EBITDA is defined as Non-GAAP net loss excluding interest income, interest expense, income tax expense (benefit) and depreciation and amortization, and we define Non-GAAP EBITDA margin as Non-GAAP EBITDA as a percentage of revenues. See "Use of Non-GAAP Financial Measures" set forth at the end of this press release. Conference Call Information Kingsoft Cloud's management will host an earnings conference call on Wednesday, August 20, 2025 at 8:15 am, U.S. Eastern Time (8:15 pm, Beijing/Hong Kong Time on the same day). Participants can register for the conference call by navigating to Once preregistration has been completed, participants will receive dial-in numbers, direct event passcode, and a unique access PIN. To join the conference, simply dial the number in the calendar invite you receive after preregistering, enter the passcode followed by your PIN, and you will join the conference instantly. Additionally, a live and archived webcast of the conference call will also be available on the Company's investor relations website at Use of Non-GAAP Financial Measures The unaudited condensed consolidated financial information is prepared in conformity with accounting principles generally accepted in the United States of America ("U.S. GAAP"). In evaluating our business, we consider and use certain non-GAAP measures, Non-GAAP gross profit, Non-GAAP gross margin, Non-GAAP operating loss, Non-GAAP operating loss margin, Non-GAAP EBITDA, Non-GAAP EBITDA margin, Non-GAAP net loss and Non-GAAP net loss margin, as supplemental measures to review and assess our operating performance. The presentation of these non-GAAP financial measures is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with U.S. GAAP. We define Non-GAAP gross profit as gross profit excluding share-based compensation allocated in the cost of revenues, and we define Non-GAAP gross margin as Non-GAAP gross profit as a percentage of revenues. We define Non-GAAP operating loss as operating loss excluding share-based compensation and amortization of intangible assets and we define Non-GAAP operating loss margin as Non-GAAP operating loss as a percentage of revenues. We define Non-GAAP net loss as net loss excluding share-based compensation and foreign exchange loss (gain), and we define Non-GAAP net loss margin as Non-GAAP net loss as a percentage of revenues. We define Non-GAAP EBITDA as Non-GAAP net loss excluding interest income, interest expense, income tax expense (benefit) and depreciation and amortization, and we define Non-GAAP EBITDA margin as Non-GAAP EBITDA as a percentage of revenues. We present these non-GAAP financial measures because they are used by our management to evaluate our operating performance and formulate business plans. We also believe that the use of these non-GAAP measures facilitates investors' assessment of our operating performance. These non-GAAP financial measures are not defined under U.S. GAAP and are not presented in accordance with U.S. GAAP. These non-GAAP financial measures have limitations as analytical tools. One of the key limitations of using these non-GAAP financial measures is that they do not reflect all items of income and expense that affect our operations. Further, these non-GAAP measures may differ from the non-GAAP information used by other companies, including peer companies, and therefore their comparability may be limited. We compensate for these limitations by reconciling these non-GAAP financial measures to the nearest U.S. GAAP performance measure, all of which should be considered when evaluating our performance. We encourage you to review our financial information in its entirety and not rely on a single financial measure. Exchange Rate Information This press release contains translations of certain RMB amounts into U.S. dollars at specified rates solely for the convenience of readers. Unless otherwise noted, all translations from RMB to U.S. dollars, in this press release, were made at a rate of RMB7.1636 to US$1.00, the noon buying rate in effect on June 30, 2025 as certified for customs purposes by the Federal Reserve Bank of New York. Safe Harbor Statement This announcement contains forward-looking statements. These statements are made under the " safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the Business Outlook, and quotations from management in this announcement, as well as Kingsoft Cloud's strategic and operational plans, contain forward-looking statements. Kingsoft Cloud may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission ("SEC"), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about Kingsoft Cloud's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Kingsoft Cloud's goals and strategies; Kingsoft Cloud's future business development, results of operations and financial condition; relevant government policies and regulations relating to Kingsoft Cloud 's business and industry; the expected growth of the cloud service market in China; the expectation regarding the rate at which to gain customers, especially Premium Customers; Kingsoft Cloud's ability to monetize the customer base; fluctuations in general economic and business conditions in China; and the economy in China and elsewhere generally; China's political or social conditions and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in Kingsoft Cloud's filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and Kingsoft Cloud does not undertake any obligation to update any forward-looking statement, except as required under applicable law. About Kingsoft Cloud Holdings Limited Kingsoft Cloud Holdings Limited (NASDAQ: KC and HKEX:3896) is a leading cloud service provider in China. With extensive cloud infrastructure, cutting-edge cloud-native products based on vigorous cloud technology research and development capabilities, well-architected industry-specific solutions and end-to-end fulfillment and deployment, Kingsoft Cloud offers comprehensive, reliable and trusted cloud service to customers in strategically selected verticals. For more information, please visit: For investor and media inquiries, please contact: Kingsoft Cloud Holdings LimitedNicole ShanTel: +86 (10) 6292-7777 Ext. 6300Email: ksc-ir@ KINGSOFT CLOUD HOLDINGS LIMITEDUNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS(All amounts in thousands) Dec 31,2024 Jun 30,2025 Jun 30,2025 RMB RMB US$ASSETS Current assets: Cash and cash equivalents 2,648,764 5,464,077 762,756Restricted cash 81,337 53,051 7,406Accounts receivable, net 1,468,663 2,018,350 281,751Short-term investments 90,422 — —Prepayments and other assets 2,233,074 2,263,242 315,936Amounts due from related parties 318,526 587,321 81,987Total current assets 6,840,786 10,386,041 1,449,836Non-current assets: Property and equipment, net 4,630,052 8,251,958 1,151,929Intangible assets, net 694,880 618,269 86,307Goodwill 4,605,724 4,605,724 642,934Prepayments and other assets 449,983 616,779 86,100Equity investments 234,182 231,586 32,328Operating lease right-of-use assets 137,047 119,350 16,661Total non-current assets 10,751,868 14,443,666 2,016,259Total assets 17,592,654 24,829,707 3,466,095 LIABILITIES, NON-CONTROLLING INTERESTS AND SHAREHOLDERS' EQUITY Current liabilities: Accounts payable 1,877,004 2,195,478 306,477Accrued expenses and other current liabilities 3,341,990 3,966,154 553,653Short-term borrowings 2,225,765 3,129,151 436,813Income tax payable 69,219 82,331 11,493Amounts due to related parties 1,584,199 1,407,804 196,522Current operating lease liabilities 61,258 35,638 4,975Total current liabilities 9,159,435 10,816,556 1,509,933Non-current liabilities: Long-term borrowings 1,660,584 2,396,554 334,546Amounts due to related parties 309,612 1,308,158 182,612Deferred tax liabilities 101,677 81,283 11,347Other liabilities 790,271 3,103,021 433,165Non-current operating lease liabilities 65,755 64,549 9,011Total non-current liabilities 2,927,899 6,953,565 970,681Total liabilities 12,087,334 17,770,121 2,480,614Shareholders' equity: Ordinary shares 25,689 28,483 3,976Treasury shares (105,478) (79,316) (11,072)Additional paid-in capital 18,940,885 21,188,250 2,957,766Statutory reserves funds 32,001 32,001 4,467Accumulated deficit (14,291,957) (15,063,348) (2,102,762)Accumulated other comprehensive income 566,900 617,830 86,246Total Kingsoft Cloud Holdings Limited shareholders' equity 5,168,040 6,723,900 938,621Non-controlling interests 337,280 335,686 46,860Total equity 5,505,320 7,059,586 985,481Total liabilities, non-controlling interests and shareholders' equity 17,592,654 24,829,707 3,466,095 KINGSOFT CLOUD HOLDINGS LIMITEDUNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS(All amounts in thousands, except for share and per share data) Three Months Ended Six Months Ended Jun 30,2024 Mar 31,2025 Jun 30,2025 Jun 30,2025 Jun 30,2024 Jun 30,2025 Jun 30,2025 RMB RMB RMB US$ RMB RMB US$Revenues: Public cloud services 1,234,542 1,353,479 1,625,309 226,884 2,421,912 2,978,788 415,823Enterprise cloud services 657,238 616,498 723,918 101,055 1,245,400 1,340,416 187,115Others - - - - 152 - -Total revenues 1,891,780 1,969,977 2,349,227 327,939 3,667,464 4,319,204 602,938Cost of revenues (1,573,433) (1,651,671) (2,010,370) (280,637) (3,055,864) (3,662,041) (511,201)Gross profit 318,347 318,306 338,857 47,302 611,600 657,163 91,737Operating expenses: Selling and marketing expenses (125,708) (144,338) (131,996) (18,426) (242,460) (276,334) (38,575)General and administrative expenses (266,249) (181,999) (339,563) (47,401) (484,944) (521,562) (72,807)Research and development expenses (203,959) (226,170) (194,285) (27,121) (435,922) (420,455) (58,693)Total operating expenses (595,916) (552,507) (665,844) (92,948) (1,163,326) (1,218,351) (170,075)Operating loss (277,569) (234,201) (326,987) (45,646) (551,726) (561,188) (78,338)Interest income 9,945 4,946 11,520 1,608 18,315 16,466 2,299Interest expense (59,414) (82,897) (124,669) (17,403) (110,480) (207,566) (28,975)Foreign exchange (loss) gain (6,999) 9,051 (39,526) (5,518) (49,736) (30,475) (4,254)Other (loss) gain, net (7,829) 3,244 1,620 226 (16,036) 4,864 679Other (expense) income, net (4,961) (7,012) 23,522 3,284 (16,151) 16,510 2,305Loss before income taxes (346,827) (306,869) (454,520) (63,449) (725,814) (761,389) (106,284)Income tax (expense) benefit (6,891) (9,241) (2,343) (327) 8,480 (11,584) (1,617)Net loss (353,718) (316,110) (456,863) (63,776) (717,334) (772,973) (107,901)Less: net (loss) profit attributable to non-controlling interests (542) (2,184) 602 84 (4,748) (1,582) (221)Net loss attributable to Kingsoft Cloud Holdings Limited (353,176) (313,926) (457,465) (63,860) (712,586) (771,391) (107,680)Net loss per share: Basic and diluted (0.10) (0.08) (0.11) (0.02) (0.20) (0.20) (0.03)Shares used in the net loss per share computation: Basic and diluted 3,649,307,331 3,728,092,123 4,009,119,198 4,009,119,198 3,632,583,338 3,869,381,978 3,869,381,978Other comprehensive (loss) income, net of tax of nil: Foreign currency translation adjustments (530) 7,744 43,174 6,027 20,174 50,918 7,108Comprehensive loss (354,248) (308,366) (413,689) (57,749) (697,160) (722,055) (100,793)Less: Comprehensive (loss) income attributable to non-controlling interests (570) (2,200) 606 85 (4,817) (1,594) (223)Comprehensive loss attributable to Kingsoft Cloud Holdings Limited shareholders (353,678) (306,166) (414,295) (57,834) (692,343) (720,461) (100,570) KINGSOFT CLOUD HOLDINGS LIMITEDRECONCILIATION OF GAAP AND NON-GAAP RESULTS(All amounts in thousands, except for percentage) Three Months Ended Six Months Ended Jun 30,2024 Mar 31,2025 Jun 30,2025 Jun 30,2025 Jun 30,2024 Jun 30,2025 Jun 30,2025 RMB RMB RMB US$ RMB RMB US$Gross profit 318,347 318,306 338,857 47,302 611,600 657,163 91,737Adjustments: – Share-based compensation expenses (allocated in cost of revenues) 5,076 9,365 11,712 1,635 10,890 21,077 2,942Adjusted gross profit (Non-GAAP Financial Measure) 323,423 327,671 350,569 48,937 622,490 678,240 94,679 KINGSOFT CLOUD HOLDINGS LIMITEDRECONCILIATION OF GAAP AND NON-GAAP RESULTS(All amounts in thousands, except for percentage) Three Months Ended Six Months Ended Jun 30,2024 Mar 31,2025 Jun 30,2025 Jun 30,2024 Jun 30,2025Gross margin 16.8 % 16.2 % 14.4 % 16.7 % 15.2 %Adjusted gross margin (Non-GAAP Financial Measure) 17.1 % 16.6 % 14.9 % 17.0 % 15.7 % KINGSOFT CLOUD HOLDINGS LIMITEDRECONCILIATION OF GAAP AND NON-GAAP RESULTS(All amounts in thousands, except for percentage) Three Months Ended Six Months Ended Jun 30,2024 Mar 31,2025 Jun 30,2025 Jun 30,2025 Jun 30,2024 Jun 30,2025 Jun 30,2025 RMB RMB RMB US$ RMB RMB US$Net Loss (353,718) (316,110) (456,863) (63,776) (717,334) (772,973) (107,901)Adjustments: – Share-based compensation expenses 45,649 134,611 116,856 16,312 149,244 251,467 35,103– Foreign exchange loss (gain) 6,999 (9,051) 39,526 5,518 49,736 30,475 4,254Adjusted net loss (Non-GAAP Financial Measure) (301,070) (190,550) (300,481) (41,946) (518,354) (491,031) (68,544)Adjustments: – Interest income (9,945) (4,946) (11,520) (1,608) (18,315) (16,466) (2,299)– Interest expense 59,414 82,897 124,669 17,403 110,480 207,566 28,975– Income tax expense (benefit) 6,891 9,241 2,343 327 (8,480) 11,584 1,617– Depreciation and amortization 305,304 421,901 591,021 82,503 528,450 1,012,922 141,398Adjusted EBITDA (Non-GAAP Financial Measure) 60,594 318,543 406,032 56,679 93,781 724,575 101,147– Gain on disposal of property and equipment - (2,110) (5,708) (797) (23,821) (7,818) (1,091)Excluding gain on disposal of property and equipment, normalized Adjusted EBITDA 60,594 316,433 400,324 55,882 69,960 716,757 100,056 KINGSOFT CLOUD HOLDINGS LIMITEDRECONCILIATION OF GAAP AND NON-GAAP RESULTS(All amounts in thousands, except for percentage) Three Months Ended Six Months Ended Jun 30,2024 Mar 31,2025 Jun 30,2025 Jun 30,2025 Jun 30,2024 Jun 30,2025 Jun 30,2025 RMB RMB RMB US$ RMB RMB US$Operating loss (277,569) (234,201) (326,987) (45,646) (551,726) (561,188) (78,338)Adjustments: – Share-based compensation expenses 45,649 134,611 116,856 16,312 149,244 251,467 35,103– Amortization of intangible assets 43,415 43,781 43,751 6,107 86,932 87,532 12,219Adjusted operating loss (Non-GAAP Financial Measure) (188,505) (55,809) (166,380) (23,227) (315,550) (222,189) (31,016)– Gain on disposal of property and equipment - (2,110) (5,708) (797) (23,821) (7,818) (1,091)Excluding gain on disposal of property and equipment, normalized Adjusted operating loss (188,505) (57,919) (172,088) (24,024) (339,371) (230,007) (32,107) KINGSOFT CLOUD HOLDINGS LIMITEDRECONCILIATION OF GAAP AND NON-GAAP RESULTS(All amounts in thousands, except for percentage) Three Months Ended Six Months Ended Jun 30,2024 Mar 31,2025 Jun 30,2025 Jun 30,2024 Jun 30,2025Net loss margin -18.7 % -16.0 % -19.4 % -19.6 % -17.9 %Adjusted net loss margin (Non-GAAP Financial Measure) -15.9 % -9.7 % -12.8 % -14.1 % -11.4 %Adjusted EBITDA margin (Non-GAAP Financial Measure) 3.2 % 16.2 % 17.3 % 2.6 % 16.8 %Normalized Adjusted EBITDA margin 3.2 % 16.1 % 17.0 % 1.9 % 16.6 %Adjusted operating loss margin (Non-GAAP Financial Measure) -10.0 % -2.8 % -7.1 % -8.6 % -5.1 %Normalized Adjusted operating loss margin -10.0 % -2.9 % -7.3 % -9.3 % -5.3 % KINGSOFT CLOUD HOLDINGS LIMITEDUNAUDITED CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS(All amounts in thousands) Three Months Ended Jun 30,2024 Mar 31,2025 Jun 30,2025 Jun 30,2025 RMB RMB RMB US$Net cash generated from (used in) operating activities 151,169 (418,390) 1,460,134 203,827Net cash used in investing activities (654,829) (490,393) (887,832) (123,937)Net cash generated from financing activities 523,950 549,998 2,552,561 356,324Effect of exchange rate changes on cash, cash equivalents and restricted cash (14,646) 15,028 5,921 827Net increase (decrease) in cash, cash equivalents and restricted cash 5,644 (343,757) 3,130,784 437,041Cash, cash equivalents and restricted cash at beginning of period 2,090,760 2,730,101 2,386,344 333,121Cash, cash equivalents and restricted cash at endof period 2,096,404 2,386,344 5,517,128 770,162 View original content: SOURCE Kingsoft Cloud Holdings Limited Sign in to access your portfolio

EliseAI Secures $250M Series E to Automate Healthcare and Housing, Hiring Hundreds to Fuel Expansion
EliseAI Secures $250M Series E to Automate Healthcare and Housing, Hiring Hundreds to Fuel Expansion

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EliseAI Secures $250M Series E to Automate Healthcare and Housing, Hiring Hundreds to Fuel Expansion

Andreessen Horowitz leads round with participation from Bessemer Venture Partners, Sapphire Ventures, and Navitas Capital as EliseAI scales real-world enterprise AI NEW YORK, August 20, 2025--(BUSINESS WIRE)--EliseAI, the AI company automating complex healthcare and housing systems, today announced its Series E raise of $250 million. The round was led by Andreessen Horowitz (a16z), with participation from new investor Bessemer Venture Partners and existing investors Sapphire Ventures and Navitas Capital. With this new funding, EliseAI will rapidly expand its team to accelerate product innovation and impact, improving patient experiences, streamlining operations, and advancing AI-driven solutions for customers. The company is actively hiring across all departments including engineering, customer experience, sales and marketing, and strategy and operations, growing its office hubs in New York, San Francisco, Boston, and Chicago. "EliseAI is built on the belief that AI can dramatically improve how critical industries operate," said Minna Song, Co-Founder and CEO of EliseAI. "For an average American, healthcare and housing represent approximately 40% of household spending. These two systems are notoriously complex, outdated, and painful to navigate. And we're here to fix it with agentic AI. We're excited to partner with both new and returning investors to supercharge our growth and accelerate solutions that reduce costs and increase efficiency in the industries that matter most." Since raising its $75 million Series D in August 2024, EliseAI has grown from 150 to over 300 full-time employees and introduced new AI-powered products across both verticals. The company surpassed $100 million in Annual Recurring Revenue (ARR) earlier this year. Doubling down on healthcare, EliseAI is tackling one of the system's most expensive pain points: front-desk and call center operations. Healthcare administrative costs total in excess of $600 billion annually in the U.S. due to excessive manual tasks and limited investment in technology. EliseAI's automation platform handles complex healthcare workflows, from navigating multi-step scheduling and prior authorizations to capturing nuanced patient concerns – accurately, compliantly, and empathetically. By cutting overhead by up to 25%, slashing wait times, and reducing abandoned calls, EliseAI helps practices keep both staff and patients satisfied. "EliseAI has transformed our OB GYN call center operations by streamlining complex workflows, reducing patient wait times, improving operational efficiency, and elevating the customer experience," said Dr. Pierre Hage of Women's Health CT – Obstetrics & Gynecology. "With EliseAI, we're on the path to achieving 24/7/365 comprehensive practice management for our patients and staff." In the housing sector, EliseAI helps operators tackle rising costs, labor shortages, and high workforce turnover, which can exceed 40% annually. Its platform includes new products such as AI-Guided Tours, Lease Audits, the Fee Transparency Suite, and the Maintenance App, enabling property managers to streamline operations and improve resident experiences. The company supports over 600 owners and operators, including 75% of NMHC's Top 50 Operators. "Customers consistently describe EliseAI as the most exciting software solution in the industry. The company already powers 10% of the U.S. apartment market today, with a massive opportunity still ahead of them domestically and abroad as they begin to enter international markets," said Alex Immerman, partner, a16z Growth. "We're thrilled to be leading Elise's latest financing as they raise the standard for how people experience two of life's most essential services: housing and healthcare." About EliseAI EliseAI transforms complex healthcare and housing systems. By deeply integrating into workflows and automating operations, it makes them efficient and cuts costs for all. Its platform supports medical practices with patient scheduling, intake and front-desk operations and helps property managers handle leasing, maintenance and resident engagement. EliseAI replaces fragmented tools with one integrated system that reduces manual work and improves accessibility and experience for residents and patients alike. The company is based in New York with teams in San Francisco, Boston and Chicago. To learn more, visit About Andreessen Horowitz Andreessen Horowitz (a16z) is a venture capital firm that backs bold entrepreneurs building the future through technology. Founded in 2009, the firm manages multiple funds across stages, sectors, and geographies with over $46 billion in committed capital across funds. a16z invests in seed to growth-stage companies across AI, bio + healthcare, consumer, crypto, enterprise, fintech, games, infrastructure, and companies building toward American dynamism. For more information, visit View source version on Contacts Media Arianna ParanzinoEliseAIpress@ (408) 892-9207 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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