Latest news with #computing power
South China Morning Post
4 days ago
- Business
- South China Morning Post
Warning of glut in AI computing centres as China readies for return of Nvidia's H20 chip
Citing data from the Inspur Institute of Artificial Intelligence, Science and Technology Daily reported on Thursday that despite the rapid adoption of artificial intelligence , only about 30 per cent of the country's intelligent computing capacity was being used. As of November, nearly 150 intelligent computing centre projects were up and running throughout China, and another 400 or so projects were planned or under construction, according to the newspaper, the mouthpiece of the Ministry of Science and Technology. 'The rapid development of artificial intelligence technology has given rise to a boom in the construction of intelligent computing power. However, amid this boom, many blindly launched intelligent computing centres are running idle, and a large amount of idle computing power is waiting to be activated,' the report said. 'Blind investment has led to waste of resources and market imbalances, which have had a negative impact on the high-quality development of [China's] computing power industry.' 01:02 Nvidia to resume selling H20 graphic processing chips to China in boon for AI Nvidia to resume selling H20 graphic processing chips to China in boon for AI
Bloomberg
4 days ago
- Business
- Bloomberg
Xi Wonders If All Chinese Provinces Need to Flood Into AI, EVs
President Xi Jinping questioned the need for local governments across China to crowd into the same emerging industries, a rare bit of public blunt-speaking from Xi that flicks at a problem exacerbating deflation at home and driving trade tensions abroad. 'When it comes to launching new projects, it's always the same few things: artificial intelligence, computing power, new-energy vehicles,' Xi said in a meeting in Beijing this week in which officials also discussed the property sector.
