China Plans $295 Billion AI Infrastructure Push Centered on Domestic Chips

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The post China Plans $295 Billion AI Infrastructure Push Centered on Domestic Chips appeared first on Coinpedia Fintech News

China has announced plans to build a nationwide AI data center network over the next five years, with state-owned telecom operators leading the project and domestic suppliers expected to provide at least 80% of AI chips. The initiative is designed to reduce reliance on foreign technology, with Huawei positioned as a key beneficiary. The move …