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China chipmakers catching up fast in AI, SenseTime’s Xu says

Bloomberg
Bloomberg • 3 min read
China chipmakers catching up fast in AI, SenseTime’s Xu says
SenseTime co-founder sees US far ahead in computing resources, but China and Asia will close the gap over time. Photo: Bloomberg
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China’s domestic AI chipmakers are making fast progress in closing the gap on international leaders, according to SenseTime Group Inc. co-founder Xu Bing.

Asia has a shortage of computation power for artificial intelligence, lagging significantly behind the US, but China has the talent and data to make up lost ground, Xu said in an interview at the UBS Asian Investment Conference in Hong Kong. SenseTime is one of China’s artificial intelligence pioneers, though it’s been placed on a US investment blacklist as part of sweeping American sanctions curbing the country’s advances in AI.

China’s progress in this field has been made more difficult by US trade controls preventing the import of Nvidia Corp.’s advanced AI accelerators. That’s sparked the need for domestic alternatives from the likes of Huawei Technologies Co. and Shanghai Biren Technology Co., which are both also subject to US trade restrictions.

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