All articles tagged with #nvidia alternatives
Alibaba's shares surged after announcing plans to increase AI investment beyond $50 billion, aiming to develop AI models, infrastructure, and chips amid a global race in AI technology, with a focus on reducing reliance on US chip suppliers like Nvidia.
Chinese tech giants like Alibaba, Tencent, and Baidu are shifting towards developing and using domestically produced AI chips due to dwindling Nvidia stockpiles and US export restrictions, with efforts focused on creating self-sufficient semiconductor solutions to sustain AI development and reduce reliance on US technology.