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The story behind the story

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Chinese city governments plan to offer “computing vouchers”, worth $140K to $280K, to AI startups, to try to level the playing field with China's tech giants

Chinese tech giants are hogging scarce cloud resources to develop generative AI models as US restrictions bite

Financial Times

Discussion

  • @tanarrowz @tanarrowz on x
    One government official who works on data centre construction said the vouchers would reduce AI companies' computing costs by around 40 to 50 per cent if they opted for government-run data centres. https://www.ft.com/... via @ft
  • @martijnrasser Martijn Rasser on x
    China is taking steps to level the playing field for its AI start-ups, as the country's tech giants hog AI-training computing resources ...At least 17 city governments...pledged to provide “computing vouchers” to subsidise AI start-ups. https://www.ft.com/...