Is China’s Massive AI Bubble About To Burst in Record Time?

Artificial intelligence fuels China's high-quality growth

The rapid development of artificial intelligence (AI) technology, an innovation pillar empowering China's smart manufacturing, green transition and even breakthroughs in space sciences, is proving to be a key driver of the nation's high-quality growth,

According to a new report, the AI boom bubble is beginning to burst in China. A mixture of communist mismanagement, self-enrichment and inexperience among the actors involved contributes to this. There is simply a lack of adequate foresight. How is it going on? China's bold advance into the world of artificial intelligence (AI) was still on everyone's lips a few months ago – a triumphant march that lifted the technological ambitions of the Middl…

Is China’s Massive AI Bubble About To Burst in Record Time?

What happened to China’s AI boom, which just a matter of months ago was in full tilt and bursting at the seams? Last year saw millions of high-end Nvidia (NASDAQ:NVDA) GPUs find their way across the country, wearily navigating tariffs and U.S. export restrictions. But they braved this climate heroically.  The AI hardware was in such high demand that specialized Nvidia H100 chips used to train AI models could sell for up to 200,000 yuan ($28,000)…

China’s AI data center boom goes bust: Rush leaves billions of dollars in idle infrastructure – Yahoo

China’s AI data center boom goes bust: Rush leaves billions of dollars in idle infrastructure  Yahoohttp://dlvr.it/TJr5V9

China: Is the AI ​​Explosion Already Imploding? - Economic Scenarios

What happened to the artificial intelligence boom in China, which only a few months ago was in full swing and expanding? Millions of high-end Nvidia GPUs crossed the border last year, struggling through US export duties and restrictions, but what actually happened to them? AI hardware was in such demand that specialized Nvidia H100 chips, used to train AI models, could be sold for 200,000 yuan ($28,000) on the black market. Meanwhile, hundreds o…

China’s AI Progress Shows No Country Has A Monopoly On Technology: US Economist Jeffrey D Sachs

The rise of China’s AI companies has been such that even academics in the US are saying that the US will not have... The post China’s AI Progress Shows No Country Has A Monopoly On Technology: US Economist Jeffrey D Sachs appeared first on OfficeChai.