China lowers data centre power costs for major tech firms

China reduced power bills for large data centers run by ByteDance, Alibaba, and Tencent to support the production of local AI chips and reduce the dependence on U.S. technology. Local governments in some provinces in the country now offer larger subsidies that reduce power bills by up to half for data centers utilizing Chinese AI chips manufactured by Huawei and Cambricon. Officials say this plan will help cover higher energy costs following Beijing’s ban on Nvidia’s AI chips. China offers cheaper electricity in exchange for using local AI chips Many companies operating data centers and cloud facilities in China have no choice but to use local AI chips , which require more electricity and cooling. As a result, running costs increased over the past year, so the government decided to offer big subsidies. Some of these new subsidies are so generous that they cover the cost of electricity for almost...

https://www.cryptopolitan.com/china-cuts-data-centre-energy-bills/