The five departments of Jiangsu recently jointly issued a notice on implementation plans to support the innovation and development of artificial intelligence, focusing on introducing a number of policies to support the new smart economy track, including the “Jiangsu Provincial Word Coupon Implementation Plan”. The plan was jointly introduced by the Jiangsu Provincial Development and Reform Commission, the Provincial Department of Finance, and the Provincial Data Bureau. The so-called “token voucher” is actually a financial subsidy fund. Enterprises, universities, research institutes, OPCs and other entities that purchase intelligent computing power services for model training, model inference, smart applications, etc., all have the opportunity to claim this subsidy. So how much can I make up for it? The plan is clear. In principle, the total amount of provincial and municipal support shall not exceed 50% of the actual expenses paid. The maximum support limit for a single entity is no more than 5 million yuan.

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