China invests US$6.1 billion in data centre infrastructure amid surge in demand for AI chips

Posted under: AI technologies
Date: 2024-08-30
China invests US$6.1 billion in data centre infrastructure amid surge in demand for AI chips

China has invested 43.5 billion yuan on a nationwide project to build eight computing hubs. The computing hubs have a total capacity of 1.95 million server racks, with about 1.2 million racks already mounted. The global AI frenzy has significantly boosted demand for advanced GPUs in both the US and China. High-end GPU shipments are expected to grow by 55 percent in 2025.

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