China to build $2.1bn AI technology park

Beijing [China], Jan 04 (ANI): China will be building a USD 2.1 billion technology park that will focus on the developments and projects related to artificial intelligence (AI). According to the state-run news agency the Xinhua, the campus will be constructed in western Beijing within five years and it will cover around 54.87 hectares. "The technology park will be home to around 400 businesses and is expected to create an annual output value of about 50 billion yuan", the report said. "High-speed big data, cloud computing, biometrics and so-called deep learning, a strand of AI, will be the focus of the new park. It will also have 5G mobile internet, a supercomputer and cloud services", it added.