Skip to content
Trending
August 30, 2025The stock market had a tough week but a great month. Here’s what happened July 29, 2025The EU-U.S. trade deal could have one unexpected winner: The UK June 28, 2025Micron reports earnings, revenue beat and issues strong forecast September 16, 2025Eli Lilly to build $5 billion Virginia facility to boost production of targeted cancer drugs, other treatments September 20, 2025Big Tech companies, foreign governments scramble after Trump slaps $100,000 annual fee on H-1B visas August 16, 2025Economist Sumerlin confirms he’s in the running for Fed chair, backs big interest rate cut June 24, 2025Fed ‘Beige Book’ economic report cites declining growth, rising prices and slow hiring September 9, 2025T. Rowe Price shares jump after deal where Goldman will invest $1 billion in asset manager April 21, 2025UnitedHealth’s stock is plunging on higher medical costs. That may mean trouble for more insurers October 15, 2025Abbott’s quarter disappoints again: We’re downgrading it and considering what to do next
  Monday 8 June 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

T. Rowe Price sees this established strategy as way to ride out market volatility

April 25, 2025

Crypto theft is booming as criminals increasingly turn to physical attacks

July 17, 2025

Nvidia name-checks Michael Burry in secret memo pushing back on AI bubble allegations

November 25, 2025

Banks are keeping credit card rates high even after the CFPB rule they blamed for high APRs was killed

May 7, 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
Earnings

Google cloud growth tops Microsoft and Amazon as all three beat estimates on AI demand

May 2, 20260
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
Load more
    © 2022, All Rights Reserved.
    • About Us
    • Advertise With Us
    • Contact Us
    • Disclaimer
    • Cookie Law
    • Privacy Policy
    • Terms & Conditions