A note China Plans $295 Billion AI Infrastructure Push Focused on Domestic Chips appeared for the first time Coinpedia Fintech News
China has announced plans to build a nationwide AI data center over the next five years, with state-owned telecom operators leading the charge and domestic vendors expected to supply 80% of AI chips. The initiative was designed to reduce dependence on foreign technology, with Huawei being singled out as the biggest beneficiary. The move…
