Jack Ma-Backed Ant Touts AI Breakthrough Using Chinese Chips

WATCH: Bloomberg has learned that Ant Group has used Chinese-made semiconductors to train AI models. Minmin Low reports.
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Jack Ma-backed Ant Group Co. used Chinese-made semiconductors to develop techniques for training AI models that would cut costs by 20%, according to people familiar with the matter.

Ant used domestic chips, including from affiliate Alibaba Group Holding Ltd. and Huawei Technologies Co., to train models using the so-called Mixture of Experts machine learning approach, the people said. It got results similar to those from Nvidia Corp. chips like the H800, they said, asking not to be named as the information isn’t public.