Shenzhen Plans 300 Million Yuan Annual Investment in AI
Shenzhen's Investment in Artificial Intelligence
Recently, the Shenzhen Municipal Bureau of Industry and Information Technology announced the "Measures for Shenzhen to Build a Pioneer City in Artificial Intelligence." This initiative aims to enhance the city's role in the AI industry by committing to an annual investment of up to 300 million yuan. The funding will target crucial areas such as core algorithms, infrastructure, and autonomous driving technologies, thereby facilitating significant technological advancements.
Funding for Innovative Projects
Shenzhen's government will allocate funding to support demonstration application projects that showcase substantial promotional value. These projects may receive up to 30% of their total investment, with a cap of 2 million yuan. For benchmark projects that exhibit notable leadership, this funding can increase to a maximum of 10 million yuan.
To further lower the expenses associated with developing and training AI models, the city will introduce "Training Coupons." Up to 500 million yuan will be available annually for related enterprises, universities, and research institutions. These entities can receive funding covering up to 50% of their service contract costs when renting smart computing power for large model training, with startups eligible for up to 60%.
Additionally, "Corpus Coupons" will be issued to encourage the open sharing and trading of corpora, further enhancing data accessibility for AI research and application.
Support for AI Applications
The city is also set to release "Model Coupons" with a total annual budget of 100 million yuan, aimed at reducing the application costs of AI models. Companies that develop innovative smart hardware products will be incentivized with rewards up to 3 million yuan for achieving significant sales volumes. Furthermore, developers of AI software that reaches commercial application for the first time can receive funding of up to 10 million yuan.
Shenzhen is keen on bolstering basic research and technological breakthroughs by investing 300 million yuan each year. This funding will support cutting-edge research in areas such as mathematical principles, infrastructure, and core algorithms of AI. The municipal government encourages the establishment of key laboratories by universities and research institutes, offering up to 5 million yuan for promoting source innovation related to large models.
Comprehensive Measures for AI Development
The measures outlined in this initiative encompass a diverse range of strategies:
- Enhancing Resource Supply: The city aims to enrich the availability of inclusive service resources, promoting advanced computing infrastructure such as Pengcheng Cloud Brain III. This will enable enterprises to utilize AI services at reduced costs.
- Application Empowerment: Shenzhen will invest in supporting AI applications across various industries, including advanced manufacturing and modern services, with annual funding of up to 100 million yuan.
- Government Scenarios: The government will invest up to 50 million yuan annually to create at least 50 application scenarios for urban governance and public services, integrating industry resources and high-quality data.
- Talent Development: A strong emphasis will be placed on training AI professionals, supporting interdisciplinary integration while cultivating a high-quality team of educators.
- Investment Ecosystem: The city plans to establish an AI industry fund to create a 10 billion yuan investment ecosystem, promoting long-term capital that supports enterprise growth. ## Conclusion
Shenzhen's ambitious measures aim to position the city as a leading hub in the AI industry, focusing on innovation and practical applications. These initiatives are expected to foster collaboration between enterprises, research institutions, and the government, creating a robust environment for AI development.
Key Points
- Annual funding support of up to 100 million yuan for applications in the artificial intelligence industry, with demonstration projects eligible for funding of up to 2 million yuan.
- Shenzhen issues "Training Coupons," "Corpus Coupons," and "Model Coupons" to reduce the costs of research and application in artificial intelligence.
- Support for building key laboratories in artificial intelligence and "zero rent" incubators to optimize the industrial development environment and attract high-level talent.
