Jack Ma-backed Ant Group touts cost reduction using Chinese AI chips - report
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 24 2025
0mins
Source: SeekingAlpha
Ant Group's AI Breakthrough: Ant Group, supported by Jack Ma, has developed cost-effective AI training techniques using Chinese semiconductors, achieving a 20% reduction in costs compared to Nvidia chips while maintaining similar performance levels.
Shift to Domestic Technology: The company is increasingly relying on domestic alternatives from Alibaba and Huawei due to U.S. export restrictions, reflecting a broader trend among Chinese tech firms amidst heightened competition in the AI sector.
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Current: 367.110
Low
255.00
Averages
336.08
High
400.00
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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