A top executive of Chinese tech giant Tencent Holdings said the company’s existing stockpile of artificial intelligence chips should allow it to continue training a few more generations of AI models, despite tightening U.S. restrictions on the export of Nvidia chips to #🇨🇳 ChinA.I. 🤖🧠🦾🤖 “We have a pretty strong stockpile of chips we acquired previously,” Tencent President Martin Lau said during a conference call with analysts Wednesday after the company reported its quarterly results. Lau also noted that, even with a relatively small cluster of chips, it is possible to achieve very good training results. Lau’s comments come after the Trump administration last month banned the export of Nvidia’s H20 chips to China in the latest step to further limit China’s access to Nvidia’s AI chips. Lau said there is a lot of software work that the company can do in order to improve the efficiency of AI inference, so the operation of AI models will require fewer chips. He also said that the company could potentially make use of other AI chips that aren’t subject to the U.S. export restrictions, such as those made by Chinese chip developers. https://finance.yahoo.com..