Alibaba's Artificial Intelligence (AI) Push: Could This Be China's Best Answer to Nvidia?

There's no denying Nvidia (NASDAQ: NVDA) has earned its place as the world's biggest publicly traded company. Its technology is the heart and soul of most of the planet's artificial intelligence (AI) platforms, and AI itself is working to become one of the most revolutionary inventions of all time. That's why so many companies here and abroad continue buying as many of Nvidia's accelerators as Nvidia can sell them.As could have been predicted, though, the company's near monopoly of the AI hardware market wasn't going to remain unchecked forever. Competitors like Intel and Advanced Micro Devices want to capitalize on the opportunity as well, while governments grow leery of their businesses becoming too dependent on a single supplier of any crucial technology.That's certainly been the case in China, anyway. While Beijing was tolerant of the use of American-made AI processors when the industry was in its infancy, trade tensions and national security concerns soon prompted a homegrown response. No surprises there.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool