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Sources: China is drafting plans to spend ~$295B over the next five years on building AI data centers, sourcing 80%+ of tech from local suppliers like Huawei (Charlie Zhu/Bloomberg) from Techmeme RSS feed.
Sources: China is drafting plans to spend ~$295B over the next five years on building AI data centers, sourcing 80%+ of tech from local suppliers like Huawei (Charlie Zhu/Bloomberg)
Charlie Zhu / Bloomberg:
Sources: China is drafting plans to spend ~$295B over the next five years on building AI data centers, sourcing 80%+ of tech from local suppliers like Huawei — China is preparing to spend around 2 trillion yuan ($295 billion) over the next five years on building data centers across the country …