AI cybersecurity is a cat and mouse game12m ago Introducing ChatGPT for Financial Services26m ago CA governor signs 'landmark' laws on youth use of social media and AI chatbots40m ago 'I saw Terminator 2': Y Combinator's Garry Tan pushes back on AI extinction fears45m ago Cohere Debuts Open-Weight 218B Mixture-of-Experts Machine Translation Model54m ago Sakana AI Launches Fugu Max and Fugu Ultra v2 for Cheaper, Stronger Multi-Agent Orchestration1h ago UK economy defies forecasts with surprise 0.4% growth in July2h ago Google Research Releases ToolGrad: Answer-First Framework Hits 99.8% Pass Rate for Tool-Use Data Generation2h ago China's star AI labs routed user requests to Claude at least 35 million times in the summer: Anthropic2h ago Anthropic and OpenAI employees speak out about humanity’s extinction as debate reaches fever pitch2h ago Force launches chatbot for non-emergency calls2h ago Tesla unveils driverless Cybercab in Japan for 1st time3h ago How Maersk Is Using AI To Survive The New Era Of Tariff Chaos3h ago Russia to require content made by, with AI to be labeled as such — GFCN president4h ago

AI cybersecurity is a cat and mouse game12m ago Introducing ChatGPT for Financial Services26m ago CA governor signs 'landmark' laws on youth use of social media and AI chatbots40m ago 'I saw Terminator 2': Y Combinator's Garry Tan pushes back on AI extinction fears45m ago Cohere Debuts Open-Weight 218B Mixture-of-Experts Machine Translation Model54m ago Sakana AI Launches Fugu Max and Fugu Ultra v2 for Cheaper, Stronger Multi-Agent Orchestration1h ago UK economy defies forecasts with surprise 0.4% growth in July2h ago Google Research Releases ToolGrad: Answer-First Framework Hits 99.8% Pass Rate for Tool-Use Data Generation2h ago China's star AI labs routed user requests to Claude at least 35 million times in the summer: Anthropic2h ago Anthropic and OpenAI employees speak out about humanity’s extinction as debate reaches fever pitch2h ago Force launches chatbot for non-emergency calls2h ago Tesla unveils driverless Cybercab in Japan for 1st time3h ago How Maersk Is Using AI To Survive The New Era Of Tariff Chaos3h ago Russia to require content made by, with AI to be labeled as such — GFCN president4h ago

Finance Business & Enterprise4 min reading time

Chinese Banks Start Lending Based on AI Computing-Power Usage

Hacker NewsPublished 23 days ago

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.

#ai-computing-power #bank-of-china #guangzhou #startup-financing #token-economy

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