[BUSINESS]■ STORY TIMELINE
CHINA TARGETS 9,800 EFLOPS BY 2030 WITH $532B SPEND
China's AI compute capacity surged 177% year-over-year to 2,185 eflops by June, with plans to reach 9,800 eflops by 2030 through approximately $532 billion in IT infrastructure investment.
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Minxiao Chang / South China Morning Post: DeepSeek says it is seeking ~150 senior engineers in an “unprecedented” hiring…
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Howard Liu / South China Morning Post: China says its AI compute capacity rose 177% YoY to 2,185 eflops by the end of Ju…