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In the competitive landscape of artificial intelligence (AI), computing power has emerged as a crucial asset for technological advancement. Major economies, particularly China, are investing heavily in computing infrastructure to enhance their capabilities. Premier Li Qiang's recent visit to Zhejiang province highlighted the importance of strengthening this infrastructure to support economic growth.
Local governments in China are responding to the rising costs of computing power by introducing various subsidy programs. Cities like Shenzhen, Chengdu, Shanghai, and Beijing have launched initiatives that provide financial support to companies, universities, and research institutions, significantly reducing their rental costs for computing resources. These measures aim to foster innovation and ensure that small and medium-sized enterprises can compete effectively in the AI sector.
• China emphasizes computing power as vital for AI technological leadership.
• Local governments introduce subsidies to alleviate computing power costs for businesses.
Computing power refers to the capacity of digital systems to process data, essential for AI applications.
Subsidy programs are financial aids introduced by local governments to support businesses in accessing computing resources.
AI model training involves using computing power to develop and refine algorithms for machine learning applications.
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