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.

Jack Ma-backed Ant Group announced a significant breakthrough in artificial intelligence (AI) by developing cost-effective training techniques utilizing Chinese-made semiconductors, Bloomberg ...

Ma founded e-commerce firm Alibaba in the 1990s and was once China’s richest man. He is well known in Japan as a friend of Masayoshi Son, the founder and chief executive of SoftBank Group Corp ...

Jack Ma-backed Ant Group has unveiled chips that can support the training of foundational models at 20 per cent less cost than what global competitors such as OpenAI and Alphabet's Google are using.

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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 ...

Chinese fintech giant Ant Group, backed by Alibaba founder Jack Ma, has achieved major success in reducing AI model training costs by using Chinese chips made by Alibaba and Huawei. The company has ...

The Ant Group Co. headquarters in Hangzhou, China. Jack Ma-backed Ant Group Co. used Chinese-made semiconductors to develop techniques for training AI models that would cut costs by 20 percent ...

Jack Ma-backed used Chinese-made semiconductors to develop techniques for training AI models that would cut costs by 20%, according to people familiar with the matter. The models mark Ant’s ...

Jack Ma is the founder at Alibaba, the e-commerce giant, and Yunfeng Capital. Picture: Getty Images ...

Ant aims to scale AI with lower-cost, efficient hardware for sectors like healthcare and finance. Jack Ma-backed Ant used Chinese-made semiconductors to develop techniques for training AI models that ...