Chinese provinces offer steep power discounts to AI companies using China-made chips — country continues its aggressive push towards AI independence and homegrown silicon

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The war for AI dominance just got a new front of sorts. According to a new report, some Chinese provinces are now offering steep discounts on industrial power pricing to AI datacenters, with only one catch: they have to use homemade chips rather than Nvidia’s or AMD’s.

According to a Financial Times article citing sources “familiar with the matter”, the provinces of Gansu, Guizhou, and Inner Mongolia are offering a 50% discount on industrial power price to AI datacenters in the region. These cuts…



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Chinese provinces offer steep power discounts to AI companies using China-made chips — country continues its aggressive push towards AI independence and homegrown silicon


The war for AI dominance just got a new front of sorts. According to a new report, some Chinese provinces are now offering steep discounts on industrial power pricing to AI datacenters, with only one catch: they have to use homemade chips rather than Nvidia’s or AMD’s.

According to a Financial Times article citing sources “familiar with the matter”, the provinces of Gansu, Guizhou, and Inner Mongolia are offering a 50% discount on industrial power price to AI datacenters in the region. These cuts…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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