Sources: China is drafting plans to spend $295B over the next five years on building AI data centers, sourcing 80%+ of tech from local suppliers like Huawei (Charlie Zhu/Bloomberg)
China is preparing a $295B AI data center buildout that would heavily favor domestic suppliers like Huawei.
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<p><a href="https://www.techmeme.com/260609/p7#a260609p7" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Charlie Zhu / <a href="https://www.bloomberg.com/">Bloomberg</a>:<br />
<span style="font-size: 1.3em;"><b><a href="https://www.bloomberg.com/news/articles/2026-06-09/china-prepares-295-billion-plan-to-fund-nationwide-ai-buildout">Sources: China is drafting plans to spend $295B over the next five years on building AI data centers, sourcing 80%+ of tech from local suppliers like Huawei</a></b></span> — China is preparing to spend around 2 trillion yuan ($295 billion) over the next five years on building data centers across the country … </p>
Read at source: https://www.techmeme.com/260609/p7#a260609p7