ChinaShanda’s NovaCatapult offers AI startups 1 million yuan and computing power.
Shanda, one of China’s earliest internet companies, is betting on one-person AI firms.
Selected teams get priority on its in-house computing cluster, and the money arrives when the company is formed.
Applications for the second cohort are open, and the first began a 3-month incubation.
How each outlet framed it
- TMTPost leans favorable
- pitches the Shanda incubator's terms (100m yuan minimum, 60/40 founder-to-direction scoring, internal GPU cluster), reading as sponsored
Sources: TMTPost