Reported 4 months ago
SenseTime Group Inc. co-founder Xu Bing stated at the UBS Asian Investment Conference in Hong Kong that China's domestic AI chipmakers are rapidly closing the gap with international leaders in artificial intelligence, despite facing challenges due to US trade controls. Xu mentioned that China has the talent and data to make up for the lack of computational power in Asia compared to the US. SenseTime aims to become profitable within two years and has invested significantly in research and development, including in AI accelerator infrastructure. China's progress in AI chip development has been supported by companies like Huawei and Shanghai Biren Technology Co., who are working to create domestic alternatives to imported advanced AI accelerators.
Source: YAHOO