Shenzhen, China's Silicon Valley, plans to turbocharge local AI development with first-of-a-kind regulations

China's tech hub Shenzhen plans to turbocharge the development of artificial intelligence (AI) in the city, with supporting policies that include fast-tracking the commercialisation of AI products and providing better access to public data. A draft document outlining the plan - China's first instance of local regulations drawn up for the AI sector - was submitted to the Shenzhen's People's Congress for review on Monday, according to a statement on its website. "Formulation of the draft regulations will not only promote the AI industry in Shenzhen, but also play a leading role as a pilot project in the exploration of…