FinanceBusiness & Enterprise4 min reading time

Chinese Banks Start Lending Based on AI Computing-Power Usage

Hacker News
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The Bank of China's Guangzhou branch has introduced a new loan product based on AI computing power token usage, targeting startups in the AI sector. The loan assesses creditworthiness by evaluating token production and consumption, offering up to 30 million yuan in credit. This approach aims to support asset-light AI companies that traditional credit assessments often overlook.

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