BRIEF: Fourth Paradigm, Hyperstrong in AI power trading services joint venture

6682.HK
WeRide, Pony AI makes infrastructure

AI applications developer Beijing Fourth Paradigm Intelligent Technology Co. Ltd. (6682.HK) on Monday announced the formation of a joint venture with Beijing Hyperstrong Technology Co. Ltd. The venture, Energy Crystals (Beijing) Technology, will develop AI-driven technology solutions for power trading operations, with Fourth Paradigm holding a 19% stake.

The venture will combine “AI + energy storage” technologies by leveraging Hyperstrong’s expertise in R&D, manufacturing and operational management of energy storage systems. Fourth Paradigm will supply advanced AI-agent infrastructure, including world modeling concepts, machine-learning platforms and energy-solutions frameworks. The venture aims to offer end-to-end AI solutions across electricity-trading mechanisms and energy-asset management ecosystems.

Shares of Fourth Paradigm opened down 1.2% at HK$54.85 on Tuesday. The stock is up 67% from its April low this year.

By Lau Chi Hang

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