CHINA COMMITS $295B TO AI DATA CENTER BUILDOUT
China plans to invest roughly 2 trillion yuan ($295 billion) over five years to construct data centers nationwide, aiming to strengthen its domestic AI sector and compete with the United States.
China is preparing to spend around 2 trillion yuan ($295 billion) over the next five years on building data centers acro…
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Charlie Zhu / Bloomberg: Sources: China is drafting plans to spend $295B over the next five years on building AI data ce…
South China Morning Post: Sources: Microsoft laid off 200 to 400 Azure unit employees in Beijing and Shanghai, at least…
China is planning to spend around 2 trillion yuan ($295 billion) over the next five years to build data centers across t…