China says its AI compute capacity rose 177% YoY to 2,185 eflops by the end of June, and is targeting 9,800 eflops by 2030 via ~$532B in IT infrastructure spend (Howard Liu/South China Morning Post)

China's AI compute capacity has significantly increased, rising 177% year-over-year to reach 2,185 eflops by the end of June. The nation has ambitious plans to further expand this capacity, targeting 9,800 eflops by 2030. This expansion will be supported by an estimated $532 billion investment in IT infrastructure, which includes the deployment of artificial intelligence computing clusters containing 100,000 accelerator cards.