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China To Provide Large-Scale Subsidies For Local AI Chips, Encouraging Domestic Adoption

NewsTech

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China To Provide Large-Scale Subsidies For Local AI Chips, Encouraging Domestic Adoption 1

China has implemented a new measure to promote in-house AI chip production, providing subsidies to potential buyers. China To Fuel Sales Of Domestic AI Chips Through Subsidies, Promoting Nation's Interest It is evident at this point that China has started to shift its approach to the AI segment. Instead of relying on international firms like NVIDIA, Intel & AMD, the nation has decided to go its own way, prioritizing domestic production of AI chips through every means possible. Reuters reports that Beijing City has agreed to provide customers of homegrown AI chips with subsidies, and the local government will financially […]

Read full article at https://wccftech.com/china-provide-large-scale-subsidies-local-ai-chips-encouraging-domestic-adoption/

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