Huawei has a new AI chip to capitalize on cloud services

Huawei Technologies has unveiled a new high-end artificial intelligence (AI) chip for servers, bidding to grow its share of the booming cloud services market even as the world's largest network equipment vendor battles a US trade ban. Ascend 910, an AI processor first mentioned by Huawei in Shanghai last year, is the "world's most powerful AI processor" targeted at AI model training, the company said in a press release on Friday. Huawei added that it sees AI as a "general purpose technology" that can be used in almost every sector of the economy. "The Ascend 910 has performed much better than initial expectations," said Eric Xu Zhijun, Huawei's rotating chairman at the media launch in Shenzhen. "Without doubt, it has more computing power than any other AI processor in the world."