The Yizhuang Development Zone, also known as the Beijing Economic and Technological Development Zone, said on Wednesday it aimed to establish a nationally leading AI industry ecosystem valued at 80 billion yuan (US$11 billion) by the end of this year, according to a plan shared on its official WeChat account.
The ecosystem would rely only on Chinese semiconductors, operating systems and open-source software frameworks to ensure self-sufficiency and control, policymakers said.
RISC-V stands for the fifth generation of the Reduced Instruction Set Computer, a design philosophy for simplified architectures for central processing units. While not nearly as widely used as Intel’s x86 or Arm’s platforms, RISC-V has been gaining traction because of its open-source code base, especially in mainland China.
