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Nvidia Faces New AI Challenge As Chinese Start-Up Unveils Framework To Cut Reliance On Its GPUs - Alibaba Gr Hldgs (NYSE:BABA), Baidu (NASDAQ:BIDU)

  • A Chinese start-up developed a new AI framework named Chitu that could lessen dependence on Nvidia's GPUs.
  • Chitu achieved a 315% increase in inference speed while using 50% less GPU power than foreign frameworks, the company claimed.
  • Baidu unveiled ERNIE X1, claiming it is comparable to Chitu's performance at half the price, indicating rising competition in Chinese AI.
  • Investor interest in Chinese tech is growing, reflecting China's push for technological independence amid U.S. Export restrictions.
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Nvidia showcases AI chips as it shrugs off DeepSeek

Nvidia chief Jensen Huang is expected to showcase cutting-edge chips for artificial intelligence (AI) and quantum computing on Tuesday, shrugging off talk of China's DeepSeek disrupting the market.

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The Korea Times broke the news in Korea, Republic of on Monday, March 17, 2025.
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