China offers AI ‘vouchers’ to start-ups to rival big tech

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BEIJING is taking steps to influence the artificial intelligence market by financing start-ups as its own tech giants hog AI-training computing resources already squeezed by US chip restrictions, reports London’s Financial Times. At least 17 city governments, including the largest, Shanghai, have pledged to provide ‘computing vouchers’ to subsidise AI start-ups facing rising data centre costs as supplies of crucial chips become more scarce. The vouchers will be typically worth the equivalent of...

https://www.seanews.com.tr/china-offers-ai-vouchers-to-start-ups-to-rival-big-tech/199836/

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