On Monday, shares of GDS Holdings Limited (GDS, Financial) rose over 4% in pre-market trading, reaching $23.24. This increase follows the recent release of guidelines by the National Development and Reform Commission and five other departments aimed at promoting high-quality development in the data industry.
The guidelines emphasize support for companies to innovate in artificial intelligence applications by developing high-quality datasets. They also encourage the growth of new business models such as "data as a service," "knowledge as a service," and "model as a service." Additionally, the guidelines advocate for the expansion of third-party services and the establishment of a robust data resource value assessment system to support enterprises in effectively managing their data resources.
