The city of Shenzhen, in southern China, houses more than 2,200 companies in the technological sector
The city of Shenzhen, a technology center in southern China, will launch an industrial fund of 10 billion yuans ($ 1.39 billion) to support the development of robotics in the country, focusing on AI, hardware and intelligence built -in intelligence, according to information released by local authorities on February 23.
The background is part of the city’s broader effort to strengthen its position as a global IA innovation center. According to the agency Xinhuamunicipal authorities revealed the plan at a press conference, announcing an additional 4.5 billion yuan financing to be raised this year.
Financing should cover up to 60% of computer power costs for companies, with a maximum of 10 million yuans per company, provided through coupons and subsidies.
Shenzhen’s artificial intelligence ambitions go beyond financial support. The city plans to expand its AI application base with 100 more scenarios defined to be launched in 2025, focusing on sectors such as municipal sanitation, response to emergencies and medical assistance. This follows the introduction of almost 200 application scenarios equipped with IA already implemented throughout the city.
Shenzhen seeks to create a highly systematic, complete and collaborative innovation ecosystem, as well as accelerate the development of a globally influential industrial and technological innovation center and becoming a city of innovation, said Zhang Lin, director of Shenzhen’s municipal and technological department of scientific innovation.
Shenzhen, who was a small fishing village in Guangdong province, became one of the most dynamic and innovative cities. It houses more than 2,200 AI companies and has a comprehensive AMA industry chain that ranges from smart chips and algorithm structures to large models and software-dragware apps, according to data from the Shenzhen AI Out Office.
Iresearch data, an industry research and consulting institute, indicate that China’s AI sector is expected to reach 811 billion yuans by 2028, with emerging sectors such as AI and robotics, ready to release significant market potential and development opportunities.
With information from.
