Skip to content
Trending
March 5, 2025Here’s how tariffs will hit the U.S. housing market March 24, 2025Why it suddenly feels like every fast-food restaurant has fun, flavored drinks August 15, 2025Insurance firm Gallagher taps pro athletes for summer internships, preparing them for life off the field July 16, 2025Wholesale inflation measure was unchanged in June December 10, 2025Oracle’s stock slides 7% on revenue miss even as AI backlog soars August 2, 2025Berkshire Hathaway operating earnings dip 4% as conglomerate braces for tariff impact June 7, 2025The world could be facing another ‘China shock,’ but it comes with a silver-lining May 5, 2025Warren Buffett knocks tariffs and protectionism: ‘Trade should not be a weapon’ April 4, 2025Shoppers will pay more for bananas, coffee and toilet paper because of tariffs, trade group says February 25, 2025Hopes for more Fed rate cuts dim as Powell notes hot CPI means ‘we’re not quite there yet’
  Thursday 9 April 2026
everydayread.net
  • HOME
  • Bitcoin
  • Business
  • Earnings
  • Economy
  • Finance
everydayread.net
everydayread.net
  • HOME
  • Bitcoin
  • Business
  • Earnings
  • Economy
  • Finance
everydayread.net
  Finance  Alibaba-affiliate Ant combines Chinese and U.S. chips to slash AI development costs
Finance

Alibaba-affiliate Ant combines Chinese and U.S. chips to slash AI development costs

AdminAdmin—March 24, 20250

A view of the Ant Group buildings in Chongqing, China, on March 23, 2025.

Cfoto | Future Publishing | Getty Images

BEIJING — Alibaba-affiliate Ant Group is using both Chinese and U.S.-made semiconductors for building more efficient artificial intelligence models, according to a source familiar with the matter.

More stories

Steve Cohen says tariffs and DOGE’s cuts are negative for economy, market correction could be soon

February 22, 2025

Powell indicates conditions ‘may warrant’ interest rate cuts as Fed proceeds ‘carefully’

August 22, 2025

Jensen Huang woos Beijing as Nvidia finds a way back into China

July 16, 2025

Trade tensions aren’t stopping Chinese companies from pushing into the U.S.

June 12, 2025

The combination of chips not only reduces the time and cost of training AI models, but also limits reliance on a single supplier such as Nvidia, the source said, noting the industry trend of tapping multiple networks, known as mixture of experts — a technique that allows models to be trained with much less compute.

The company earlier this month said in a paper it was able to use lower-cost hardware to effectively train its own MoE models, reducing computing costs by 20%.

Ant operates Alipay, one of the two major apps for mobile payments in China. Jack Ma founded the company and its affiliate, Alibaba.

Bloomberg reported Monday, citing sources, that Ant has used chips from Alibaba and Huawei for training AI models. Ant also used Nvidia chips but now relies more on alternatives from Advanced Micro Devices and Chinese chips, according to the Bloomberg report.

Ant did declined CNBC’s request for comment.

The company on Monday announced “major upgrades” to its AI solutions for healthcare, which it said were being used by seven major hospitals and healthcare institutions in Beijing, Shanghai, Hangzhou and Ningbo.

The healthcare AI model is built on DeepSeek’s R1 and V3 models, Alibaba’s Qwen and Ant’s own BaiLing. Ant’s healthcare-specific model is able to answer questions about medical topics, and can also help improve patient services, according to the company statement.

The U.S. has sought to restrict China’s AI development by limiting Chinese businesses’ access to the most advanced semiconductors used for training models. Nvidia can still sell its lower-end chips to China.

Investors’ optimism is growing around the UK economy as U.S.-EU trade disputes mount
Eli Lilly will soon release key data on its weight loss pill. Here’s why it could be a game-changer
Related posts
  • Related posts
  • More from author
Finance

Visa says new AI shopping tool has helped customers with hundreds of transactions

December 18, 20250
Finance

Billionaire fund manager Ron Baron praises beaten-up financial stock whose new CEO he compares to Jamie Dimon

December 17, 20250
Finance

Nasdaq moves to make trading nearly 24 hours. Why some on Wall Street say that’s a bad idea

December 16, 20250
Load more
Read also
Finance

Visa says new AI shopping tool has helped customers with hundreds of transactions

December 18, 20250
Economy

Trust these numbers? Economists see a lot of flaws in delayed CPI report showing downward inflation

December 18, 20250
Earnings

Nike tops earnings estimates but shares fall as China sales plunge, tariffs hit profits

December 18, 20250
Business

American Airlines no longer lets basic economy flyers earn miles

December 18, 20250
Finance

Billionaire fund manager Ron Baron praises beaten-up financial stock whose new CEO he compares to Jamie Dimon

December 17, 20250
Economy

Watch Fed Governor Christopher Waller speak on interest rates and the race to succeed Powell

December 17, 20250
Load more
    © 2022, All Rights Reserved.
    • About Us
    • Advertise With Us
    • Contact Us
    • Disclaimer
    • Cookie Law
    • Privacy Policy
    • Terms & Conditions