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China Prepares $295 Billion Plan to Fund Nationwide AI Buildout

Posted on June 9, 2026
By Google News
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1 min read

China Prepares $295 Billion Plan to Fund Nationwide AI Buildout

China is preparing to spend around 2 trillion yuan ($295 billion) over the next five years on building data centers across the country, fueling Beijing’s ambition to propel the domestic AI sector and surpass the US in a potentially game-changing technology.