Ant Group claims its AI models outperformed Meta’s in benchmarks and cut inference costs, signaling a potential leap forward in China’s AI development efforts.

DeepSeek briefly crashed Nvidia’s stock because of speculation that its models require far fewer chips. Now, Chinese fintech giant Ant

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,