China to build AI development park worth over â¹13,400 crore
China has released a plan to build a technology park for the development of artificial intelligence (AI) at a cost over â¹13,400 crore (ï¿¥13.8 billion). It is aimed at attracting enterprises that work on big-data, biometric identification and cloud computing. Estimates claim that the park will generate an annual output value of about â¹48,800 crore (ï¿¥50 billion).