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- China Launches National Data Group Alongside AI Computing Expansion
Blue Shark Finance, published by TMTPost, reports that National Data Group was officially established in Xiong'an, Hebei, on October 20 with 10 billion yuan in registered capital. Its reported shareholders include China's three major telecom operators, State Grid and China Southern Power Grid. The launch follows national leaders' October 16 visit to Ulanqab to examine East Data, West Computing hub construction and green-computing development.
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