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JUST IN: China has announced plans to invest 1 trillion yuan (approximately $140 billion) in advancing AI technologies. The investment will fund the development of innovative neural networks and support AI startups. Much like the space race of the 1980s, the AI race is heating… https://t.co/mXNmOfUQ7Q
🚨 JUST IN: China plans to invest 1 trillion yuan (approximately $140 billion) in the development of AI technologies. The funds will be used to support the development of innovative neural networks and AI startups. https://t.co/ExGLvmxjew
Trillion-dollar investments: China challenges the US in the AI race The Bank of China has allocated 1 trillion yuan (about $137 billion) for the development of artificial intelligence. This was China's response to Trump's announcement of investing $500 billion in creating the… https://t.co/E5IsB8QTNY
China has announced a substantial investment plan of 1 trillion yuan (approximately $140 billion) aimed at advancing artificial intelligence technologies over the next five years. This initiative is seen as a direct response to recent announcements from the United States regarding significant investments in AI development, which include a proposed $100 billion investment that could gradually increase to $500 billion. The funds allocated by China will support the development of innovative neural networks and AI startups, marking a notable escalation in the global AI race.
