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Hangzhou signs US$3.7b AI GPU deal: China's multi-vendor chip strategy
On February 28, Hangzhou convened an AI development summit at the Hangzhou Civic Center aimed at positioning the city as China's leading artificial intelligence (AI) hub. According to East Money and Xinhua, 12 AI projects were signed, with a total investment of CNY25.5 billion (US$3.71 billion).
The only project dedicated to AI inference GPUs was Sunrise's "High-Performance GPU and Inference Chip R&D Project." The Zhejiang-based company signed the project in Hangzhou as part of the city's computing infrastructure initiative.
Sunrise Co-CEO Wang Zhan said computing power, not model capability alone, will determine future industrial development, adding that Hangzhou's AI strategy offers a supportive environment for the company's expansion.
China Wants Germany in Its Corner. It’s Not That Easy. – The New York Times
China’s play for U.S. allies has a problem: As Germany’s leader showed, Europe’s grievances with Beijing may run deeper than its frustration with Trump.
China’s leader, Xi Jinping, tried to sell Germany on a future less tied to the United States and anchored instead in Chinese markets and technology.
Mr. Xi pledged that China would continue to “share development opportunities with Germany and the wider world” in his meeting with Chancellor Friedrich Merz of Germany, who was on a visit to Beijing that seemed curated to highlight such opportunities. On Thursday, Mr. Merz tried out a new Mercedes-Benz in Beijing, then flew to the eastern city of Hangzhou to tour a Chinese robotics company.
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