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China inaugurated the National Data Group on Tuesday, a new state-owned enterprise headquartered in Xiongan. Vice Premier Ding Xuexiang attended the ceremony, stating the group is significant for seizing AI opportunities. The entity will focus on market operations and implementation of data resources.
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Summary by ByteBrief
Sources: Chinese tech companies bought 1M+ Nvidia gaming and workstation chips, mostly RTX 5090 and RTX Pro, for basic AI workloads amid an AI chip shortage (Financial Times)
Alibaba, Tencent, and Huawei are pouring billions into data centers in Shaoguan, a hinterland region with cheap power and a cool climate, angering some locals (Financial Times)
SemiAnalysis: China has 24 GW of operational compute capacity and another 50 GW planned or under construction, compared to 56 GW operational in the US (Financial Times)