TECHNOLOGYJul 22 · 10:30 UTCSCMP CHINAIris Deng,Ben Jiang

Beijing ramps up computing power to boost ‘token economy’ in tech race with US

Beijing is increasing its intelligent computing power by 50,000 petaflops by 2026 to boost its 'token economy' and accelerate AI adoption in key industries, as part of China's tech competition with the US. The Beijing Municipal Bureau of Economy and Information Technology announced this at a press briefing.

Nexus surfaces and summarizes. The full story lives at the source.

Mentioned

BeijingplaceBeijing Municipal Bureau of Economy and Information TechnologyorganizationToken EconomytopicAI adoptiontopicUnited Statesplaceintelligent computing powertopic

Spot something wrong with this article?Report a problem →

Forward this

Related Signal

Adjacent reporting

TECHNOLOGYMay 17 · 12:30 UTC
China ramps up building a national computing power network as AI token demand surges
TECHNOLOGYJul 9 · 11:00 UTC
‘Token economy’ emerging as AI use soars in China, experts tell conference
TECHNOLOGYApr 20 · 01:28 UTC
AI’s Token Economy Revolution Creates New China Tech Winners
BUSINESSJul 18 · 02:00 UTC
China’s tech giants fuel the rise of AI tokens as a new corporate currency
BUSINESSMay 19 · 14:15 UTC
Chinese telecom giants plan to charge for AI tokens