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China Preps $295 Billion Plan to Fund Nationwide AI Buildout

Posted

June 10, 2026

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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.

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China Preps $295 Billion Plan to Fund Nationwide AI Buildout · Bloomberg News · Sentinel