US-China Relations Updates

On the evening of October 19th, during the third-quarter earnings conference, iFlytek addressed the recent tightening of export controls on advanced artificial intelligence chips by the US government. They stated that the aforementioned controls would have a significant impact on large-model manufacturers that rely on NVIDIA’s computing power for constructing large models. However, iFlytek has already initiated a special collaboration with Huawei’s Ascend to jointly develop a general-purpose artificial intelligence platform in early 2023. This platform aims to enable domestically developed large models to be built on a foundation of independent innovation in both hardware and software. Currently, the capabilities of Huawei’s Ascend 910B have reached a level that is comparable to NVIDIA’s A100. Furthermore, during the upcoming iFlytek 1024 Global Developer Festival, the company and Huawei will have joint announcements regarding artificial intelligence computing platforms.

iFlytek, a leading Chinese AI company, responded to the recent tightening of export controls on advanced AI chips by the US government during their third-quarter earnings conference. The export controls are expected to have a significant impact on large-model manufacturers that rely on NVIDIA’s computing power for building their models.

In response to these challenges, iFlytek announced that they have been collaborating with Huawei’s Ascend, a Chinese AI chip manufacturer, since early 2023 to develop a general-purpose artificial intelligence platform. The goal of this collaboration is to create a solid foundation for domestically developed large models, encompassing both hardware and software components, and enabling them to achieve levels of performance comparable to NVIDIA’s A100.

iFlytek stated that Huawei’s Ascend 910B chip, which is part of their Ascend line of AI chips, has already achieved a level of capability that can be considered on par with NVIDIA’s A100 chip. This indicates that Chinese companies are making significant progress in the development of advanced AI chips, reducing their reliance on foreign technologies.

Furthermore, iFlytek announced that they will have further joint announcements with Huawei regarding artificial intelligence computing platforms during the upcoming iFlytek 1024 Global Developer Festival. This signifies their commitment to promoting collaboration and innovation in the field of AI and showcasing the advancements made by Chinese companies in this domain.

Overall, iFlytek’s response to the US export controls highlights their determination to develop independent and competitive AI technologies, foster domestic innovation, and strengthen collaborations with Chinese partners like Huawei to achieve these goals.