Shanghai Initiates Research on Computing Power CVC Fund to Bolster Smart Computing Cloud Firms' Software R&D and Platform Efficiency through Equity Mergers and Acquisitions

2025-03-26 / Read about 0 minute

Author：小编

Shanghai has released guidelines aimed at fostering innovation in the smart computing cloud industry. The plan emphasizes supporting enterprises in tackling core technological challenges, establishing a dedicated computing power Corporate Venture Capital (CVC) fund, and fostering equity mergers and acquisitions as well as technological integration to streamline the cost of computing power resources. Additionally, it encourages smart computing cloud enterprises to engage in the "Modeling Shanghai" initiative and collaborate with ecosystem partners to develop industry-specific solutions.

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