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’s Ant Group has introduced chips that enable training foundational models at 20 per cent lower costs than global competitors like OpenAI and Alphabet’s Google.

BEIJING – Jack Ma-backed Ant Group used Chinese-made semiconductors to develop techniques for training artificial intelligence (AI) models that would cut costs by 20 per cent, according to ...

NARRATOR:'Can you think of any other insects? NARRATOR:'Some people call ants mini-beasts, but their real name is invertebrates. Invertebrates are animals with no spine, or backbone. NARRATOR ...

They say talk is cheap. Tell that to Jack Ma. Corporate China's shiniest star was just days away from seeing his Ant Group list on the stock market in a record $37 billion deal, when he chose to ...

Jack Ma’s fintech giant Ant was due to list on both the Hong Kong and Shanghai stock exchanges on November 5 – but just before the big day, Ma spoke out publicly against China’s financial ...