Tencent says chip stockpile can power AI training for “generations” despite US ban

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Tencent says chip stockpile can power AI training for “generations” despite US ban - KrASIA

Quick Summary:

Tencent's first-quarter results soared past expectations, thanks to AI-enhanced ads and games.

This means not only addressing it “in a completely compliant way,” but also “trying to figure out the right solution for us to make sure that our AI strategy … can still be executed.

With the US issuing new worldwide restrictions on the use of Huawei’s artificial intelligence chips, Chinese tech giant Tencent said on May 14 that it has enough previously acquired high-end chips to sustain its AI training “for a few more generations” and is exploring ways to boost AI inference efficiency, including through software optimization.“So it’s a very dynamic situation, and we just … have to manage the situation,” Tencent president Martin Lau said on a conference call with analysts.