China Preps $295B Plan to Fund Nationwide AI Buildout
bloomberg.comNo info about planned GW or cross compare metrics to see how for $295B goes. I also don’t think the blow quotes is that fair given that this is state-funded vs private-funded and there’s still additional private funded dc build happening in China.
> The latest investment goal, which hasn’t previously been reported, pales in comparison to the $725 billion that US leaders such as Meta Platforms Inc. and Microsoft Corp. are setting aside for AI this year alone. Chinese data centers in general cost less than in the US because of cheaper labor, component and construction costs, and local government incentives.