
Maybe PCs really can change up work (again)
That mindset has shaped how I lead and how I evaluate technology. I'm always willing to explore what's next but do it with a critical eye—testing, validating, and asking the hard questions. Because in tech, there's always something 'groundbreaking' that promises to change everything. Sometimes it does. Often, it doesn't.
That perspective has been especially useful as I've watched the evolution of personal computing. The PC has come a long way since the 1980s, but you could argue that not much has fundamentally changed in the last two decades. Smartphones and tablets took the spotlight, and PCs settled into a supporting role. But now, the ' AI PC' has emerged as the next big thing, and you're likely contemplating whether it's worth making the move.
For any organization—whether five employees or 20,000—upgrading PCs can be scary. It's expensive and touches nearly every part of the business. Yet after using several AI PCs with integrated neural processing units (NPU) and other specialized processing units, in real-work scenarios—business trips, events, and enterprise and personal workflows—I'm convinced this isn't just another hype cycle. These machines are different.
Here are four ways I'm finding 'wow' that are worth your attention now—not later.
1. Futureproofing
AI PCs are more than a hardware upgrade. They're a strategic investment in your workforce's ability to adapt to the next wave of innovation. Wait too long, and your employees may struggle to maximize AI's rapidly advancing capabilities in daily work.
Two years ago, only 5% of global commercial device shipments were AI PCs. By 2028, IDC predicts that will soar to nearly 94%. Investing early not only strategically enhances current worker proficiencies, it ensures your infrastructure is ready for future advancements in AI and computing technologies.
I initially didn't expect to change my workflow until more productivity and developer tools emerge that fully leverage the latest devices' high-power, low-latency efficiency. So, it's fair to ask: What if these machines are outdated by the time the apps are ready? Yet nothing we've seen from manufacturers or independent software vendors (ISV) suggests that's likely. These devices are built for the long haul.
2. Creative and knowledge work potential
AI PCs excel in creative tasks like generating images, enhancing design workflows, and running local models with advanced image processing tools like Adobe Firefly. But their potential goes far beyond the creative suite.
They're poised to transform knowledge work too. Faster computation, predictive analytics, and local processing mean smoother, smarter workflows in tools like Microsoft 365 and Google Workspace. Executives should push ISVs and major operating system providers to accelerate development in this space to unlock the full capabilities.
Running sophisticated apps locally on the device without relying on external servers or cloud computing boosts efficiency and reduces latency. That's not just a performance win; it's a productivity revolution.
3. Battery life and responsiveness
It might sound trivial, but battery life is a game-changer. On a recent three-day business trip, I used my AI PC on flights, in meetings, and at the airport — without charging once. I used it during my meetings to take notes, handle my email, and even did some coding (yes, I still do that). I even squeezed in two more hours of work after I got home before the battery ran low.
For executives on the go or a travelling workforce, that kind of reliability frees up mental space and time. No more hunting for outlets. No more battery anxiety.
Another standout feature is responsiveness and speed. Across manufacturers like Qualcomm, Intel, AMD, and Apple, these devices are equipped with more processing units—central processing units, graphics processing unit, and NPUs—than traditional PCs. This increased compute capacity ensures that AI PCs are incredibly snappy, providing a seamless user experience that boosts overall productivity.
4. Cost efficiency
Initially, the price delta between AI PCs and traditional PCs was substantial, often $100 to $200 more per device. However, this gap is narrowing.
For companies managing thousands of devices, this cost reduction can lead to significant savings. Even a $60 difference is easy to justify when you consider the performance gains and extended device lifecycle.
You can approach adoption slowly. Our company is rolling out AI PCs in phases, with about 15% of our workforce already plugged in, starting with power users like our software developers, engineers, and executives who travel frequently. By end of year, 40% percent of our workforce will be using them. Within a couple years, nearly everyone will.
You can gain insight into the best ways AI PCs will impact your organization by testing through your power users, then broaden the pool as needed. This phased approach lets us test, learn, and scale intelligently. It also helps us identify where the biggest gains are, whether in creative output, battery life, or raw processing power.
Lead the shift, don't chase it
AI PCs aren't just about speed or battery life. They're about preparing your organization for what's next.
Adopting now offers numerous benefits to all areas of your business, from sales teams to creative or technical departments. Leaders must champion this transition—not just by investing in the hardware but by advocating for faster software development and thoughtful rollout strategies.
Start with the teams that will benefit the most. Learn from their experience. Then scale. Because the future of work isn't waiting. And with AI PCs, you don't have to, either.
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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. 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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