Alibaba-backed Ant Group said it used Chinese-developed chips to train AI models at a 20% lower cost and with similar results to what Nvidia Corp. chips for the

Joe Tsai took aim at the $500 billion attached to OpenAI's Stargate project—and the idea of investors building data centers "on spec."

Alibaba Chairman Joe Tsai cautioned that so-called hyperscalers — companies with big AI ambitions like Meta Platforms and Microsoft — are rushing to construct data centers that might not be justified by future demand.

At the behest of the US, Malaysia is to investigate how Nvidia chips are passing through the country into China.

The United States is requesting Malaysia tighten oversight of advanced artificial intelligence chip exports, particularly those from NVIDIA (NVDA, Financials), amid concerns about

The country's trade minister has reportedly formed a task force with the digital minister to tighten regulations around Malaysia's data centers.