Alibaba-affiliate Ant combines Chinese and U.S. chips to slash AI development costs [MSNBC.com]
Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA)
Last alibaba group holding limited american depositary shares each representing eight ordinary share earnings: 2/13 06:45 am
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Source: MSNBC.com
Key PointsA view of the Ant Group buildings in Chongqing, China on March 23, 2025.Cfoto | Future Publishing | Getty ImagesBEIJING —The combination of chips not only reduces the time and cost of training 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 modelsto be trained with much less computeThe 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 sourcesAnt did declined CNBC's request for comment.The company on Monday announced "major upgrades" to its solutions for healthcare, which it said were being used by seven major hospitals and healthcare institutions in Beijing, Shan
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- 11/25/25 - Beat
BABA
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- BABA's page on the SEC website