The southwestern Chinese city of Chengdu is looking to drive innovation in artificial intelligence (AI) by offering subsidies of up to RMB 3 million (around $430,000) to startups in the city.

Chengdu hopes to establish itself as an AI-powered innovation center, covering a variety of applications including 5G, ultra high-definition video streaming, and virtual reality. The city government is offering subsidies of RMB 3 million to companies that innovate in a number of AI fields, including medical and military technologies, according to a statement released on Feb. 15 (in Chinese).

The capital city of Sichuan province is facing increased pressure to acquire talent amid an AI race involving a slew of Chinese cities. Tianjin, another second-tier city in northern China, announced in May 2018 plans for a RMB 100 billion fund for AI development, including robotics and autonomous vehicles.

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Jill Shen

Jill Shen is Shanghai-based technology reporter. She covers Chinese mobility, autonomous vehicles, and electric cars. Connect with her via e-mail: jill.shen@technode.com or Twitter: @yushan_shen