Hangzhou dangles up to 30 million yuan in AI subsidies to support country’s push for global dominance

//Hangzhou dangles up to 30 million yuan in AI subsidies to support country’s push for global dominance

Hangzhou dangles up to 30 million yuan in AI subsidies to support country’s push for global dominance

Hangzhou has become the latest city to unveil a package of policies supportive of artificial intelligence (AI) development, as Chinese cities charge into the new year with AI development as a key priority.The city, home to some of China’s biggest tech giants including Alibaba and NetEase, will offer up to 30 million yuan (US$4.3 million) in subsidies per project for the development of open AI platforms, computing hardware, core algorithms and operating systems, the Hangzhou Municipal Government…

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By | 2020-01-02T09:30:04+00:00 January 2nd, 2020|Technology|Comments Off on Hangzhou dangles up to 30 million yuan in AI subsidies to support country’s push for global dominance