The Zhaisan (磁山) AI Valley in Yantai, Shandong Province, is emerging as a new key hub for the artificial intelligence (AI) industry.
The AI Valley is a leading AI industrial complex covering 232,000 square meters, with a total investment of 1.8 billion yuan (approximately $378.5 million). Major companies in the field, including IBM, DingTalk, and OpenHarmony, have established a presence there, forming an industrial ecosystem.
This complex integrates research and development, business incubation, technology transfer, corporate growth support, and practical application functions. It is building a comprehensive innovation ecosystem centered on AI models, algorithms, data corpuses, intelligent software and hardware, and AI security services.
Yantai Guofeng Investment Holding Group, in collaboration with specialized investment institutions, has established a '1+3+N' investment fund system to support funding and technology commercialization for AI startups.
Yantai is an industrial city with 1.06 million market entities, 86,000 manufacturing companies, and over 3,000 large-scale industrial enterprises. It has a robust industrial base, with leading companies such as Wanhuahua Chemical, Taihua New Materials, and Binglun Environment, enabling the application of AI technology in manufacturing.
The Yantai Korea Economic Cooperation Center plans to utilize the Zhaisan AI Valley as a key platform for Korean science and technology startup projects entering Yantai.
The center aims to connect Korean industrial robotics, AI algorithms, and intelligent hardware companies with local Yantai firms to expand joint research and development, project promotion, and resource sharing, thereby advancing China-Korea cooperation in AI and smart manufacturing.
* This article has been translated by AI.
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