Yuan Yuan, Vice President of Huawei Data Storage Product Line, made the announcement during a keynote at the 4th Huawei Innovative Data Storage Summit

Huawei is rapidly expanding its footprint in China's AI chip market, capitalizing on recent regulatory hurdles and domestic momentum in artificial intelligence investments. The company's Ascend 910 series is set to become a central force in China's AI infrastructure in 2025,

Malaysia's government did not develop, coordinate or endorse an artificial intelligence project involving a local company and Huawei Technologies, its trade ministry said in a statement on Wednesday,

Malaysia’s Deputy Communications Minister Teo Nie Ching had reportedly said the country was using Huawei chips and servers for a groundbreaking AI project.

Malaysia declared it’ll build a first-of-its-kind AI system powered by Huawei Technologies Co. chips, only to distance itself from that statement a day later, underscoring the Asian nation’s delicate position in the US-Chinese AI race.

The now-scrapped rule would have limited the number of advanced artificial intelligence chips NVIDIA could sell to certain countries.

U.S. export controls on artificial intelligence chips to China were "a failure" as they have cost American companies billions of dollars in lost sales, Nvidia Chief Executive Jensen Huang said on Wednesday.

The model is the latest development in a growing cadre of AI weather models that have emerged in the past few years