The AI fund will be managed by Guozhi Investment (Shanghai) Private Equity Fund Management, a state-backed company, according to Zhang. The details highlight Beijing’s latest efforts to boost ...

Deep dive into China’s cost-effective surge vs US private-sector innovation & Europe’s regulatory hurdles in AI dominance ...

Amid escalating US-China technology tensions, artificial intelligence (AI) has become a central battleground for both nations ...

SHANGHAI, — Chinese President Xi Jinping on Tuesday visited an AI incubator in Shanghai, calling on the city to take the lead in AI development and governance. The inspection trip came four days after ...

the SMC – located in Shanghai’s Xuhui district, near the Huangpu River – is focused on enterprises involved in the development of foundational AI models. More than 100 companies have joined ...

Chinese President Xi Jinping on Tuesday visited an AI incubator in Shanghai, calling on the city ... the high-tech industry saw robust fixed-asset investment growth in the first quarter this ...

Nvidia Corp. Chief Executive Officer Jensen Huang said that the market for AI chips in China could reach $50 billion in the ...

and the Shanghai AI Laboratory. It also pioneered China's first and only large-scale AI model innovation community, "Model Space." Tian Xinying, Director of Xuhui's Investment Promotion Office ...