India, March 25 -- Ant Group Co, a Chinese financial services company backed by billionaire Jack Ma, is using semiconductors made in China for cutting costs on training artificial intelligence (AI) models by 20 per cent.

These chips are from affiliate Alibaba Group Holding Ltd. and Huawei Technologies Co, according to a Bloomberg report.

The results attained were even similar to those from Nvidia Corp. chips like the H800, according to the report.

Ant is using its so-called Mixture of Experts machine learning approach to train the models. Its still using Nvidia for AI development, but is now relying mostly on alternatives including from Advanced Micro Devices Inc. and other Chinese chips for its latest models.

This marks Ant's entry i...