🔥 Premium AI-powered Stock Picks from InvestingPro Now up to 50% OffCLAIM SALE

Huawei exec rejects idea that advanced chip shortage will hamper China's AI ambitions

Published 07/04/2024, 07:27 AM
Updated 07/04/2024, 07:30 AM
© Reuters. FILE PHOTO: FILE PHOTO: The Huawei logo is seen at its booth during the Mobile World Congress in Shanghai, China June 28, 2023. REUTERS/Nicoco Chan/File Photo/File Photo
NVDA
-

BEIJING (Reuters) - A senior executive at Chinese technology giant Huawei on Thursday dismissed the idea that a shortage of the most advanced artificial intelligence chips will hinder the country's aim to be a leader in AI, but said innovation is needed to address the issue.

The comments by Zhang Ping'an, CEO of Huawei Cloud, comes amid tighter U.S. restrictions on advanced AI chip shipments to China including a ban on sales there by companies such as U.S. giant Nvidia (NASDAQ:NVDA).

"Nobody will deny that we are facing limited computing power in China... But we cannot rely solely on having the AI chips with the advanced manufacturing process nodes as the ultimate foundation for AI infrastructure,” Zhang told a forum at the World AI Conference in Shanghai, a three-day event that kicked off on Thursday.

"If we believe that not having the most advanced AI chips means we will be unable to lead in AI, then we need to abandon this viewpoint," Zhang said.

Huawei, which has been placed on the U.S. Entity List barring it from purchasing advanced chips from U.S. companies, has developed its own AI chip product called Ascend, which is now used by many companies in China to train AI models.

However, the Ascend AI chip, along with many others from Chinese companies, is considered to be significantly inferior in terms of computing power compared to the offerings from Nvidia.

© Reuters. FILE PHOTO: FILE PHOTO: The Huawei logo is seen at its booth during the Mobile World Congress in Shanghai, China June 28, 2023. REUTERS/Nicoco Chan/File Photo/File Photo

Zhang called for innovative approaches that place more focus on the cloud, which he said can help to compensate for the lack of advanced AI chips through innovation in computing architecture.

He also said that a converged approach is needed to combine cloud, edge, and networks in ways that can be used to reduce energy consumption and improve overall efficiency. Zhang touted Huawei Cloud as being among the leaders in providing such innovative solutions.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.