{"id":133608,"date":"2025-07-29T05:00:07","date_gmt":"2025-07-29T05:00:07","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=133608"},"modified":"2025-07-29T05:00:07","modified_gmt":"2025-07-29T05:00:07","slug":"chinas-ai-race-heats-up-as-shanghai-launches-massive-subsidy-scheme","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=133608","title":{"rendered":"China\u2019s AI race heats up as Shanghai launches massive subsidy scheme"},"content":{"rendered":"<p>Source: Tech &#8211; South China Morning PostShanghai has unveiled an ambitious 1 billion yuan (US$139 million) subsidy programme for the artificial intelligence industry, as the metropolis bids to compete with a string of other Chinese megacities that are also investing heavily to develop world-class AI ecosystems.<br \/>\nThe Shanghai subsidy package will focus on reducing costs for start-ups and making it easier for local businesses to adopt AI solutions, with 600 million yuan going toward subsidising computing power, 300 million yuan providing&#8230;<a href=\"https:\/\/www.scmp.com\/economy\/china-economy\/article\/3319924\/chinas-ai-race-heats-shanghai-launches-massive-subsidy-scheme?utm_source=rss_feed\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Tech &#8211; South China Morning PostShanghai has unveiled an ambitious 1 billion yuan (US$139 million) subsidy programme for the artificial intelligence industry, as the metropolis bids to compete with&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/133608"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=133608"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/133608\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=133608"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=133608"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=133608"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}