Hangzhou Unveils 20 Pivotal AI Policies: Targeting Over 390 Billion Yuan in AI Core Industry Revenue, Offering Up to 50 Million Yuan in Subsidies for Model Innovations

1 week ago / Read about 0 minute

Author：小编

The Implementation Plan for Accelerating the Development of an AI Innovation Hub in Hangzhou (2025 Edition) outlines the city's key objectives by 2025. Among them are: expanding Hangzhou's smart computing market capacity to surpass 50 EFLOPS, fostering the development of two world-class foundational large models, and nurturing over 25 industry-influential, vertically applied large models. Concurrently, the plan anticipates that the operating revenue of Hangzhou's AI core industry will exceed 390 billion yuan, with the number of AI core industry enterprises of a certain scale surpassing 700. Furthermore, subsidies of up to 50 million yuan are on offer for breakthroughs in AI models.

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