Shanghai Issues 12 Measures to Further Expand Artificial Intelligence Applications

On July 28, the Shanghai Municipal Commission Of Economy and Informatization issued the Notice on the Several Measures for Further Expanding the Application of Artificial Intelligence in Shanghai (the “Notice”), which took immediate effect.

The Several Measures consist of 12 points, which clarify that to accelerate the development of the artificial intelligence industry, Shanghai will invest RMB 600 million in computing power vouchers to support enterprises in the research and application of large models, offering up to a 30% subsidy on computing power rental fees; RMB 300 million in model vouchers to support the application of large models; and RMB 100 million in corpus vouchers to promote corpus procurement. The municipal government will also fund innovations in frontier technologies such as intelligent chips and brain-machine interfaces, support 100 AI projects, and establish an industrial innovation service platform. The focus will be on integrating artificial intelligence with manufacturing and service industries, building AI towns, and offering innovation product rewards of up to RMB 5 million.