Local Chinese governments have begun issuing attractive power incentives and subsidies to Chinese tech companies, including ByteDance, Alibaba, and Tencent, according to a data-analytics-id=”inline-link” href=”https://www.tomshardware.com/tech-industry/big-tech/chinese-provinces-offer-steep-power-discounts-to-ai-companies-using-china-made-chips-country-continues-its-aggressive-push-towards-ai-independence-and-homegrown-silicon” data-before-rewrite-localise=”https://www.tomshardware.com/tech-industry/big-tech/chinese-provinces-offer-steep-power-discounts-to-ai-companies-using-china-made-chips-country-continues-its-aggressive-push-towards-ai-independence-and-homegrown-silicon”>new report. Designed to cut energy bills for affected companies, the subsidies are an effort to further curtail the use of foreign chips, such as Nvidia’s powerful AI-capable hardware. The incentives are also intended to bolster the local production of Chinese chips and AI processors.
The past year has seen the U.S. and China tussle…
