Page 25 - Baidu News Today

Alibaba's news that it won't spin off its cloud unit due to expanded U.S. export controls on chips is hurting shares.

US move to ban the export of more chips to China will force Tencent to use existing stock more efficiently and seek Chinese alternatives

The head of one of Chinas leading AI firms, Baidu, warned on Wednesday that the fervor rushing to develop large language models in China could lead to a waste of resources, saying firms needed to focus their efforts on developing practical applications.

Robin Li made his comments at an industry forum in Shenzhen amid mounting market worries over a potential industry shakeout as companies developing large language models have yet to find viable business models.

Baidu: "A large language model itself is a basic foundation akin to an operating system, but ultimately developers need to rely on a limited number of large models to develop various native applications. Therefore, constantly redeveloping foundational large models represents an enormous waste of social resources," Li said.

Nvidia is planning to develop chips tailored for Chinese customers in order to continue selling its GPUs in China without violating US export restrict

The chip industry newsletter SemiAnalysis said that the Nvidia chips are called the HGX H20, L20 PCIe and L2 PCIe and that Nvidia could announce them on Nov. 16 at the earliest. Nvidias shares were up 3.3% in midday trading after the report.

The chips include most of Nvidia’s newest features for AI work, but have had some of their computing power measures cut back to comply with new U.S. rules

Baidu has just placed orders for new AI GPUs with Huawei, shifting away from using NVIDIA AI GPUs after US sanctions put a noose around China's AI neck.

Plus: US satellite law is obscuring the conflict in Gaza