Shanghai invests 100 billion to support computing infrastructure construction

The Shanghai Development and Reform Commission and other departments recently issued the "Guiding Opinions on the Management of Interest Subsidies for New Infrastructure Construction Projects in Shanghai (2024 Edition)", planning to invest 100 billion yuan to support the development of computing power infrastructure and other fields. Guangdong expects the computing power scale to reach 38E by 2025, of which intelligent computing accounts for 50% and domestic computing power accounts for 70%. Nanjing has launched a computing power voucher service and plans to exceed 6000P in intelligent computing by 2025. However, AI technology faces an energy crisis, and GPT-6 training may cause the power grid to collapse.