Ant Group, backed by Alibaba's Jack Ma, has announced a significant reduction in AI training costs, achieving a 20% decrease by utilizing Chinese chips from Alibaba and Huawei. This innovation follows speculation that DeepSeek's models could minimize chip needs, impacting Nvidia's market standing. According to sources, the performance of these Chinese chips rivals that of Nvidia's offerings during testing. Should these chips gain traction, Nvidia may face challenges to its dominance in the AI chip market, especially amidst ongoing demand in China despite U.S. export controls.