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China Offers Tech Giants Cheap Power to Boost Domestic AI Chips

Summary by OODA Loop
China has increased subsidies that cut energy bills by up to half for some of the country’s largest data centres, the Financial Times reported on Monday, citing people familiar with the matter. Local governments have beefed up incentives to help Chinese tech giants such as ByteDance, Alibaba, Tencent, which have been hit with higher electricity […] The post China offers tech giants cheap power to boost domestic AI chips appeared first on OODAloo…
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trend.sk broke the news in on Tuesday, November 4, 2025.
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