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2026-06-10 09:11:04 UTC

China to Spend $295 Billion on Data Center Network to Oust Nvidia and Lead in AI Race

China to Spend $295 Billion on Data Center Network to Oust Nvidia and Lead in AI Race
China is preparing to invest approximately 2 trillion yuan ($295 billion) in building data centers across the country over the next five years, according to Bloomberg, citing informed sources. The plan is being developed by key departments, including the National Development and Reform Commission (NDRC). The initiative involves creating a unified network of interconnected computing centers, the majority of which will be operated by state-owned carriers China Mobile and China Telecom.


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