Earlier this year DeepSeek briefly collapses Nvidia’s stock As guessing that its model requires much less chips.
Now, the giant Chinese fintech Ant Group, backed by Alibaba founder Jack Ma, claims to be a major breakthrough in AI. Ant can use Chinese chips made by Alibaba and Huawei to create ways to cut AI training costs by 20%, Bloomberg Reportciting information familiar with this matter.
More importantly, the Chinese-made chips were conducted around NVIDIA chips during testing by the Ant team, Bloomberg sources said.
If these Chinese chips catch up, it could hurt NVIDIA’s current and lucrative status As the most popular AI chip manufacturer.
NVIDIA chips are still highly sought after, including in China, and buyers are reportedly getting their Despite U.S. export controls, the latest Blackwell chips.
Ant Group and Nvidia did not immediately respond to requests for comment.
