China offers tech giants cheap power to boost domestic AI chips, FT reports

5 hours ago 1
CPU and Computer chip concept. AI technology. Deep learning.

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  • China is said to have increased subsidies that cut energy bills by up to half for some of the country's largest data centers.
  • Local governments have beefed up incentives to help Chinese tech giants such as ByteDance (BDNCE), Alibaba (

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