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China's $8.2 Billion Fund Targets AI Startups In The Race For Global Tech Leadership

Benzinga LogoBenzinga4d ago

China's $8.2 Billion Fund Targets AI Startups In The Race For Global Tech Leadership - Benzinga

Quick Summary:

China has announced a 60 billion yuan (US$8.2 billion) government-aided fund for jump-starting early-stage artificial intelligence projects, consolidating its ambition to dominate the global AI race.

The move comes amidst escalating trade tensions with the U.S.and an increasing country-wide push for technological self-sufficiency.

Embodied AI, which refers to intelligent systems in physical form, is a key area of focus.

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China's $8.2 Billion Fund Targets AI Startups In The Race For Global Tech Leadership - Benzinga (Picture 1)

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Article Details

Author / Journalist: Proiti Seal Acharya

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-11 @ 10:29:09 (4 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 271 words

Reading Time: 2 minutes read

Sentences: 22 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 27786876

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About Benzinga

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Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 19 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

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  • News ID: #27786876
  • URL: https://beamstart.com/news/chinas-82-billion-fund-targets-17443676616054

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