Business

Ant Group Strategically Uses US and Chinese Semiconductors to Slash AI Development Costs

Strategic Semiconductor Sourcing by Ant Group

In a move to reduce costs and enhance efficiency in artificial intelligence (AI) development, Ant Group Co. Ltd. has been leveraging semiconductors from both China and the United States. This strategy not only facilitates significant cost reductions but also accelerates the development timeline of AI models, according to a source cited by CNBC.

Diversifying Supply Chain

The approach ensures that the company does not overly rely on a single supplier, such as Nvidia Corp., thereby mitigating potential risks. Reports from Bloomberg have previously highlighted Ant's utilization of chips from a variety of manufacturers, including Alibaba Group Holding Ltd., Huawei Technologies Co. Ltd., and Advanced Micro Devices Inc., alongside Nvidia.

Innovations in AI for Healthcare

Amidst these strategic moves, Ant Group has announced significant upgrades to its AI models tailored for the healthcare sector. These enhancements include new tools designed for hospitals, doctors, and individuals, as well as advanced research capabilities, marking a leap forward in AI applications within healthcare.