Babbitt News, on June 1, the Chengdu Municipal Bureau of Economics and Information Technology of Sichuan Province issued a notice to solicit public opinions on “Chengdu’s Several Policies and Measures on Further Promoting the High-quality Development of the Artificial Intelligence Industry (Draft for Comment)”. The draft for comments provides a number of financial subsidies and incentives. Among them, support enterprises and scientific research institutions to carry out research and development of core algorithms and professional algorithms, lay out large-scale semantic models, multi-modal general models, small parameter models, industry models, etc. , National key research and development plan project results or national science and technology award-winning achievements that are transformed in Chengdu will be given a maximum of 10 million yuan in financial support. In addition, venture capital companies that introduce foreign (outside the province, overseas) high-tech companies that have invested in artificial intelligence to land in Chengdu will be rewarded with 2% of the actual investment amount of the venture capital company, with a total of no more than 10 million yuan.
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