Hangzhou has become the latest city to unveil a package of policies supportive of artificial intelligence (AI) development, as Chinese cities charge into the new year with AI development as a key priority.
The city, home to some of China’s biggest tech giants including Alibaba and NetEase, will offer up to 30 million yuan (US$4.3 million) in subsidies per project for the development of open AI platforms, computing hardware, core algorithms and operating systems, the Hangzhou Municipal Government announced. Alibaba owns the South China Morning Post.