"Little Dragons" Transforming Hangzhou into China's Silicon Valley
a day ago
- #AI Innovation
- #Startup Ecosystem
- #Hangzhou Tech Hub
- Hangzhou is emerging as a center of AI innovation, home to companies like DeepSeek and the '6 little dragons of Hangzhou'.
- The '6 little dragons' include BrainCo (brain-computer interfaces), Deep Robotics (quadruped robots), DeepSeek (open-weights AI models), ManyCore (3D design platform), and Unitree Robotics (humanoid and quadruped robots).
- Hangzhou supports startups with tax breaks, subsidies, talent pipelines, and infrastructure investments, including computing resources.
- The city allocates 15% of its annual fiscal revenue to tech investments and provides free accommodations for job seekers.
- Zhejiang University plays a key role in supplying talent, with alumni founding 4 of the 6 dragons.
- Hangzhou's Future Industries Development Plan (2025–2026) focuses on AI, robotics, and synthetic biology.
- Alibaba Cloud and local companies provide computing power, including Nvidia GPUs and homegrown processors.
- Hangzhou's success highlights the importance of establishing multiple AI hubs globally.