Ant Group, the Alibaba-affiliated fintech giant, has achieved a significant reduction in artificial intelligence (AI) training costs by integrating Chinese-made semiconductors into its operations. By utilizing chips developed by Alibaba and Huawei Technologies, Ant Group has managed to cut AI training expenses by up to 20%, achieving performance levels comparable to those attained with U.S.-designed chips like Nvidia’s H800, which face export restrictions to China. www.multilinks.biz
This development underscores China’s growing self-reliance in AI technology amid international trade limitations. Ant Group’s success demonstrates the potential of domestic semiconductor solutions to meet the demands of advanced AI applications, reducing dependence on foreign technology. www.multilinks.biz
In addition to leveraging domestic chips, Ant Group has established a new subsidiary in Beijing focused on providing intelligent customer services, marketing, operations, and technological research and development for enterprise clients. This initiative aims to enhance management efficiency and reduce costs through AI-powered solutions, further emphasizing the company’s commitment to advancing AI capabilities. www.multilinks.biz
These strategic moves highlight Ant Group’s dedication to innovation and its proactive approach to overcoming challenges posed by global semiconductor supply constraints.
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