China’s Alibaba teams up with Nvidia on AI robot tech

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Alibaba announced on Wednesday a “milestone collaboration” in AI tech with US chip giant Nvidia that the Chinese company said will accelerate its development of humanoid robots.

The news came as Alibaba’s shares soared more than nine percent in Hong Kong after chief executive Eddie Wu unveiled plans to further ramp up spending on artificial intelligence.

China and the United States are locked in a fierce tech battle, with the California-based AI chip leader Nvidia wound up in their race for supremacy in advanced semiconductors.

Washington restricts…



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China’s Alibaba teams up with Nvidia on AI robot tech



Alibaba announced on Wednesday a “milestone collaboration” in AI tech with US chip giant Nvidia that the Chinese company said will accelerate its development of humanoid robots.

The news came as Alibaba’s shares soared more than nine percent in Hong Kong after chief executive Eddie Wu unveiled plans to further ramp up spending on artificial intelligence.

China and the United States are locked in a fierce tech battle, with the California-based AI chip leader Nvidia wound up in their race for supremacy in advanced semiconductors.

Washington restricts…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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