Published Jun 9, 2026, 4:13 AM ET · Updated 5 months ago · 2 sources
China Prepares $295 Billion Plan to Fund Nationwide AI Buildout
bloomberg
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Original Report
INFERY
China is preparing to spend around 2 trillion yuan ($295 billion) over the next five years on building data centers across the country, fueling Beijing’s ambition to propel the domestic AI sector and surpass the US in a potentially game-changing technology.