Skip to content
Trending
March 27, 2025Dollar Tree says it’s winning over higher-income shoppers and may offset tariffs with price hikes March 7, 2025China calls for ‘peaceful coexistence’ with the U.S. despite differences April 28, 2025Corporate sponsors are backing away from LGBTQ+ Pride organizations February 18, 2025Southwest Airlines to slash 15% of corporate jobs in ‘unprecedented’ move to cut costs June 7, 2025Why it’s getting even harder to get into airport lounges now July 31, 2025Roblox stock soars 16% after revenue beat, strong user growth October 21, 2025This week’s critical inflation report comes with a variety of doubts about the data March 1, 2025The first quarter is on track for negative GDP growth, Atlanta Fed indicator says April 29, 2025Pfizer expands cost cuts, tops quarterly profit estimates even as sales fall August 29, 2025Affirm stock surges 12% as CEO Levchin notes continued consumer strength
  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

President Trump posts cartoon image depicting him firing Fed Chief Powell

September 28, 2025

Hassett Fed chair odds fall, Warsh chances surge on Kalshi after Trump comments

December 14, 2025

Alibaba leads $100 million investment in Chinese humanoid robot startup

September 8, 2025

China’s property market edges toward an inflection point

March 21, 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