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9 Jun 202624 Dhuʻl-Hijjah 1447 AH
China to Invest $295 Billion in AI Infrastructure Development

China to Invest $295 Billion in AI Infrastructure Development

China is set to launch a massive investment plan of nearly 2 trillion yuan (approximately $295 billion) over the next five years to accelerate AI infrastructure development and enhance its competitiveness against the U.S. Key Chinese government entities, including the National Development and Reform Commission, are preparing a comprehensive plan to establish a national network of interconnected computing and data centers, supporting rapid AI application expansion.

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This summary is generated with AI and receives periodic editorial review. Refer to the original source for full details.

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