China lowers data centre power costs for major tech firms

Chinese provinces offer steep power discounts to AI companies using China-made chips — country continues its aggressive push towards AI independence and homegrown silicon

Chinese provinces offer steep power discounts to AI companies using domestic chips

China lowers data centre power costs for major tech firms

The post China lowers data centre power costs for major tech firms appeared on BitcoinEthereumNews.com. China reduced power bills for large data centers run by ByteDance, Alibaba, and Tencent to support the production of local AI chips and reduce the dependence on U.S. technology. Local governments in some provinces in the country now offer larger subsidies that reduce power bills by up to half for data centers utilizing Chinese AI chips manufac…

China offers tech giants cheap power

China has increased subsidies that cut energy bills by up to half for some of the country’s largest data centres, as Beijing steps up efforts to boost its domestic chips industry and compete with the US, reports the Financial Times. Local governments have beefed up incentives to help Chinese tech giants such as ByteDance, Alibaba […]

Sources: China offers to cut data center power bills by up to 50% for Alibaba, ByteDance, and others if they use domestic chips like Huawei's over foreign ones

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