Ant Group Co. Ltd. is using semiconductors from both China and the United States to minimize artificial intelligence (AI) development costs, CNBC reported on Monday citing a source.
According to the source, the tactic not only leads to cost cuts and time reduction in the making of AI models but also ensures that the company limits its dependence on a single supplier like Nvidia Corp. Meanwhile, a previous report by Bloomberg revealed that the business was using chips from Alibaba Group Holding Ltd., Huawei Technologies Co. Ltd., Nvidia, as well as Advanced Micro Devices Inc.
Today, Ant unveiled "major upgrades" for its AI models used in healthcare, which include tools for hospitals, doctors, and individuals, alongside new research capabilities.
