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Ant, backed by Jack Ma, has announced a significant advancement in artificial intelligence, leveraging Chinese-made chips. This breakthrough highlights the company's commitment to innovation in the tech sector, positioning it as a leader in AI development.
Ant Group has divested its stakes in Orbbec and Youon, generating over $106 million from the sales while retaining a 10% stake in Orbbec. The funds will be redirected towards emerging technologies, particularly AI and semiconductor startups, as the company seeks to enhance its strategic investments.
Ant Group has developed AI models, "Ling-Lite and Ling-Plus," using Huawei chips at a cost 20% lower than industry standards, achieving performance comparable to Meta's models. This advancement highlights China's growing capabilities in AI, leveraging domestic technology and innovative training techniques, potentially challenging NVIDIA's market dominance.
Ant Group is leveraging domestic semiconductors from Alibaba and Huawei to reduce AI development costs by 20%, marking a significant shift from reliance on Nvidia's chips. The company is adopting the Mixture of Experts (MoE) technique, which enhances efficiency by utilizing specialized models for specific tasks. Despite advancements, industry leaders emphasize the need for increased investment in cloud infrastructure and computing power to remain competitive in AI development.
Ant, backed by Jack Ma, has announced a significant AI breakthrough utilizing Chinese chips. The company emphasizes its commitment to ethical reporting and transparency, assuring readers that potential conflicts of interest will not compromise the integrity of its news coverage.
Ant Group has reduced AI costs by 20% by utilizing Chinese-made chips from Alibaba and Huawei, alongside AMD alternatives, while still incorporating some Nvidia chips. The company’s AI models, based on the Mixture of Experts technique, reportedly match Nvidia's performance, with notable models like Ling-Plus and Ling-Lite outperforming competitors in benchmarks. Training one trillion tokens with their optimized approach costs approximately 5.1 million yuan (US$880,000), significantly less than traditional methods, though challenges in model training persist.
Singapore is positioning itself as Asia's leading digital asset hub, with the Monetary Authority of Singapore (MAS) issuing licenses to 13 virtual asset service providers in 2024, far surpassing Hong Kong's conservative approach. The MAS is refining its regulatory framework to address emerging risks while promoting innovation, focusing on stablecoins and tokenization as key areas for development. Despite past challenges, including the collapses of Three Arrows Capital and FTX, Singapore's risk-adjusted approach fosters collaboration between new crypto firms and established institutions, enhancing its appeal as a regional hub.
Sui has partnered with Ant Digital Technologies to accelerate the integration of ESG-backed real-world assets (RWA) into the Web3 ecosystem. This collaboration will enable the tokenization of these assets on Sui, enhancing accessibility for investors and supporting sustainable development in the new energy sector. The Sui Foundation also plays a key role as an anchor investor, promoting the growth of RWA within the blockchain space.
Sui blockchain has partnered with Ant Digital to tokenize real-world assets, focusing on environmental, social, and governance (ESG) initiatives. Their first project involves listing assets from a top-ranked Chinese solar material manufacturer. Ant Digital aims to enhance the development of the real economy through advanced technical services, leveraging its ZAN brand for the issuance and management of tokenized assets.
Ant Group has appointed Cyril Han as its new CEO, effective March 1, 2025, succeeding Eric Jing, who will remain as chairman. The announcement coincided with the company's twentieth anniversary and a rare public appearance by founder Jack Ma, who emphasized the transformative potential of artificial intelligence over the next two decades. Ma's comments come as Ant Group continues to navigate regulatory challenges following a crackdown on the tech sector in China.
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