Chongqing Launches AI Computing Power Coupons to Boost Innovation
Starting September 1, 2023, businesses, universities, and research institutions in Chongqing can apply for AI computing power coupons, according to the Chongqing Municipal People’s Government’s official announcement. This initiative, supported by an annual budget of 50 million yuan, aims to encourage major enterprises and educational institutions to rent intelligent computing resources for various applications, including artificial intelligence model training, data annotation, and data analysis.
What Are AI Computing Power Coupons?
The new initiative permits eligible entities to secure computing power through a streamlined application process. Interested applicants must register on the national (Western) computing power dispatch platform, where they will need to submit essential documents such as computing power service contracts and usage plans. Once the application is reviewed and approved, applicants will receive electronic computing power coupons.
One important aspect of this program is that a single entity can apply for power coupons related to the same contract only once per year. This ensures a fair distribution of resources and encourages applicants to consider the environmental impact of their computing practices. The initiative specifically promotes the use of green intelligent computing resources, urging applicants to prioritize resources powered by electricity sourced from renewable energy—ideally making up more than 80% of their energy consumption—with a power usage effectiveness (PUE) below 1.2.
Financial Benefits for Participants
The AI computing power coupons provide significant financial incentives. Businesses and educational institutions can receive subsidized computing power that amounts to 20% of their actual computing power service expenditure, with a cap of up to 1 million yuan per unit each year. These coupons delineate important information, including the cash amount, cashing period, and applicable standards. However, applicants should be mindful that these coupons are non-transferable; they cannot be given away, sold, or used as collateral and will expire one year after issuance.
Review Process and Redemption Guidelines
To ensure transparency and accountability, the cashing of these computing power coupons is subject to review by relevant authorities. Applicants may cash out once or twice per year, allowing for efficient allocation of the city’s 50 million yuan budget. The distribution follows a "first repayment, first redeem" principle, prioritizing those who apply for the available budget. In instances where the total cashing quota for the year is utilized, applicants may have the opportunity to defer their requests to the subsequent year.
Conclusion: Fostering Innovation and Sustainability
Chongqing’s introduction of AI computing power coupons represents a forward-thinking approach to encourage the advancement of artificial intelligence and data science within the region. By leveraging financial incentives and promoting sustainable practices, the city is laying the groundwork for a more innovative tomorrow.
As industries continue to evolve with digital transformation, initiatives such as these are crucial in providing the necessary resources for businesses and educational institutions to thrive. Chongqing’s support illustrates the importance of collaboration between governmental bodies and institutions, fostering a culture of innovation and sustainability that can serve as a model for other cities aiming to boost their technological capabilities.
With the AI computing power coupon program in place, Chongqing is on a pathway to becoming a hub for technological advancement, encouraging the responsible use of computing resources and supporting the ambitions of countless enterprises and researchers in the realm of artificial intelligence.
