Image Credits: The image is sourced from https://techcrunch.com
2 years ago
Ant Group Achieves AI Breakthrough with Chinese Chips
News Summary
Chinese fintech giant Ant Group, backed by Alibaba founder Jack Ma, has reportedly achieved a significant AI breakthrough by using domestically made chips from Alibaba and Huawei. The company claims to have reduced AI training costs by 20% while maintaining performance levels comparable to those of Nvidia chips, according to Bloomberg sources. This development could pose a challenge to Nvidia’s dominance in the AI chip market, especially amidst U.S. export controls on Nvidia’s latest Blackwell chips to China.
Story Coverage
techcrunch.comA Chinese tech giant says it slashed AI costs using only Chinese chips
Read Full Article →tomshardware.comAnt Group reportedly reduces AI costs 20% with Chinese chips
Read Full Article →ccn.comAnt Group Turns to Alibaba and Huawei Chips as Viable Nvidia ... - CCN.com
Read Full Article →bloomberg.com
