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Alibaba Creates AI Chip to Help China Fill Nvidia Void

Chinese tech companies spark market exuberance by signaling they are catching up to U.S.

In July, Jensen Huang heaped praise on Chinese AI models and signed autographs a day after the Trump administration allowed Nvidia to resume selling one of its advanced chips to Chinese customers. Photo: Andy Wong/Associated Press

SINGAPORE—Chinese chip companies and artificial-intelligence developers are building up their arsenal of homegrown technology, backed by a government determined to win the AI race with the U.S. 

The latest example: China’s biggest cloud-computing company, Alibaba 9988 -4.65%decrease; red down pointing triangle, has developed a new chip that is more versatile than its older chips.

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China’s Moonshot AI Raising Fresh Funds That Could Value It at About $4 Billion

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