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Efosa Udinmwen

China offers Alibaba and other domestic giants half-price data center energy if it picks chips from Huawei over Nvidia

Nvidia Alibaba Huawei China TechRadar United States

China US flags cropped.

China aims to cutting energy costs to push domestic AI chip adoption
Local governments now reward data centers running Chinese processors over imports
Major tech firms face tough trade-offs between efficiency and political loyalty

China is reportedly offering major home-grown cloud and internet companies including Alibaba, ByteDance, and Tencent electricity subsidies which could reduce energy costs by as much as half.

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Six-year-old among two dead after Kansas woman drives through soccer game, with 11 more injured

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International Business Times UK

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One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Unrest spreads in Europe: Cost-of-living protests turn deadly; leaders condemn violence

Unrest spreads in Europe: Cost-of-living protests turn deadly; leaders condemn violence

France is witnessing explosive protests over soaring living expenses and inadequate public services, sparking clashes with police forces. This unrest has spilled over into neighboring Belgium and Italy, marking a significant uptick in regional tensions. With more than 500 police officers reported injured and severe property destruction across various cities,…

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