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A Chinese tech giant says it slashed AI costs using only Chinese chips

  • Chinese fintech giant Ant Group claims it can cut AI training costs by 20% by using Chinese chips made by Alibaba and Huawei.
  • The Chinese-made chips performed as well as Nvidia chips during Ant Group's tests.
  • If these Chinese chips become popular, it could pose a threat to Nvidia's current dominance in the AI chip market.
  • Ant Group and Nvidia have not yet commented on the matter.

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