Changzhou says it is building China’s first city-level clean-power token factory

The Chinese city of Changzhou is building what it claims will be the country’s first city-level “green token factory”, as local governments race to answer Beijing’s call to power massive artificial intelligence computing demands with clean energy.
The project would be powered by green energy and could produce 60 trillion tokens per year once completed, the municipal government said in a statement on Sunday during the World Artificial Intelligence Conference in Shanghai.
The city in the eastern...