China Pours More Fuel On The AI Arms Race Fire
China is planning a massive data center buildout over the next five years estimated to cost around $295 billion, Bloomberg reported Tuesday. State-owned companies will be operating the majority of data centers…
China is planning a massive data center buildout over the next five years estimated to cost around $295 billion, Bloomberg reported Tuesday.
State-owned companies will be operating the majority of data centers, according to Bloomberg. China Mobile Ltd. and China Telecom Corp among others will be running the data centers and ensuring their connectivity, Bloomberg reported.
U.S. companies Meta and Microsoft have allocated $725 billion for data centers this year alone, according to Bloomberg. This comparison does not account for the lower cost of labor and therefore of construction in China nor does it account for the money invested by private companies in China, Bloomberg stated.
The buildout will strengthen the Chinese AI sector and threaten to surpass that of the United States, Bloomberg reported.
China will be using chips manufactured domestically instead of importing chips produced by tech hardware giant Nvidia or by AMD, according to Bloomberg.
Nvidia CEO Jensen Huang declined