Beijing pours tens of millions of dollars into fostering Nvidia-free AI ecosystem in China

Beijing pours tens of millions of dollars into fostering Nvidia-free AI ecosystem in China

The Star Online - Tech·2025-05-08 19:05

Beijing is allocating tens of millions of US dollars in subsidies to stimulate growth in the city’s artificial intelligence (AI) supply chain, using entirely domestic technologies, as China invests heavily in its technological self-reliance drive.

The Yizhuang Development Zone, also known as the Beijing Economic and Technological Development Zone, said on Wednesday it aimed to establish a nationally leading AI industry ecosystem valued at 80 billion yuan (US$11 billion) by the end of this year, according to a plan shared on its official WeChat account.

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