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  • Alda Pastor
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  • #34

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Created Feb 10, 2025 by Alda Pastor@aldapastor2596Maintainer

Russia's Sberbank Plans Joint aI Research with China As DeepSeek


Russian president bought Sberbank to partner with China

China, Russia AI alliance seen as threat by the West

DeepSeek success aligns with Sberbank's strategy, CEO says

Sberbank made AI platforms publicly available, CEO says

(Adds additional quotes, details on Russia's AI sector)

By Gleb Bryanski

MOSCOW, Feb 6 (Reuters) - Sberbank prepares to team up with Chinese scientists on joint AI projects, a leading executive at Russia's most significant bank informed Reuters, as China's DeepSeek has overthrown the tech landscape by developing an AI model much more inexpensively than U.S. competitors.

Russia and China, which share what they call a "no limits" strategic partnership, have long discussed AI cooperation - consisting of in military applications - however little is openly understood about its depth or scope.

Sberbank, under CEO German Gref, has actually transformed itself from a Soviet-style previous state savings bank strained by burdensome bureaucracy into among Russia's leading players in artificial intelligence and launched its GigaChat model in 2023.

"Sberbank has many researchers. Through them, we plan to perform joint research study tasks with scientists from China," Sberbank First Deputy CEO Alexander Vedyakhin told Reuters. He did not define who the bank plans to team up with in China.

DeepSeek, a Hangzhou-based startup, sent shockwaves through international markets last month as investors bet that its low-cost models would threaten the supremacy of U.S. leaders such as Nvidia.

A prospective AI alliance between Russia and China, cast by Washington as the biggest country state hazards to the West, could further shock the AI sector worldwide in the middle of a race in between China and the United States for AI supremacy.

President Vladimir Putin and Xi Jinping share a broad world view which depicts the West as decadent and in decrease, as China challenges U.S. supremacy in whatever from AI and quantum computing to synthetic biology and tough military power.

The West's efforts to isolate Russia over the war in Ukraine have pressed Moscow and Beijing more detailed - and asteroidsathome.net Putin has in current months explained China as an "ally".

"China is a partner of Russia on numerous concerns of the global agenda, and the level of clinical cooperation between our nations can be enhanced through partnership in between our scientists," Sberbank's First Deputy CEO included.

AI ALLIANCE?

Putin has actually advised Sberbank, which is under Western sanctions, to develop cooperation with China and other BRICS nations in AI to challenge U.S. supremacy. But the true state of Russia's own AI tasks is tough to assess as some are secret.

Like China, Russia is having a hard time to develop domestic computing capability due to sanctions that restrict imports of the newest Western hardware, and is looking for alternative services to remain competitive in the AI race.

Russia currently ranks 31st out of 83 countries for AI application, development, and financial investment according to UK-based Tortoise Media's Global AI Index, not just the United States and China but also fellow BRICS members India and Brazil.

Vedyakhin said that because the launch of DeepSeek's models, Sberbank has actually compared them to GigaChat MAX, its most innovative design, establishing that the Chinese rival was remarkable in clinical tasks, while GigaChat was on par or better in banking.

Vedyakhin kept in mind that DeepSeek's success lines up with Sberbank's technique of finding inexpensive services instead of investing billions in computing facilities megaprojects like Stargate, an endeavor revealed by U.S. President Donald Trump.

"DeepSeek has proven that even with decreased abilities, it is possible to attain quality on par with American designs. This raises questions about the requirement of severe financial investments when there are engineering innovations," Vedyakhin said.

Vedyakhin said that, like the creators of DeepSeek, Sberbank has made most of its AI platforms openly available, consisting of the text-to-image model Kandinsky, called after the 20th-century progressive painter Vassily Kandinsky, and its base design GigaChat Lite.

"The success of DeepSeek is mainly due to its openness, which contrasts with the secrecy of OpenAI. This has actually attracted a substantial neighborhood," Vedyakhin said. (Reporting by Gleb Bryanski; Editing by Guy Faulconbridge and Alexander Smith)

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