Russia's Sberbank and China Plan Joint AI Research Following DeepSeek's Breakthrough
2 Sources
2 Sources
[1]
After DeepSeek Leap Forward, Russia's Sberbank Plans Joint AI Research With China
MOSCOW (Reuters) - Sberbank, Russia's biggest bank, plans to collaborate with Chinese researchers on joint AI projects after DeepSeek upended the technology landscape by creating a powerful AI model much more cheaply than U.S. rivals, a top executive told Reuters. "Sberbank has many scientists. Through them, we plan to conduct joint research projects with researchers from China," Sberbank First Deputy CEO Alexander Vedyakhin told Reuters. (Reporting by Gleb Bryanski; editing by Guy Faulconbridge)
[2]
After DeepSeek leap forward, Russia's Sberbank plans joint AI research with China
MOSCOW (Reuters) - Sberbank, Russia's biggest bank, plans to collaborate with Chinese researchers on joint AI projects after DeepSeek upended the technology landscape by creating a powerful AI model much more cheaply than U.S. rivals, a top executive told Reuters. Russia and China, which share what they call a "no limits" strategic partnership, have long talked about AI cooperation - including in military applications - but little is publicly known about the depth or scope of the cooperation. Sberbank, under CEO German Gref, has transformed itself from a Soviet-style former state savings bank burdened by onerous bureaucracy into one of Russia's leading players in artificial intelligence and released its GigaChat model in 2023. "Sberbank has many scientists. Through them, we plan to conduct joint research projects with researchers from China," Sberbank First Deputy CEO Alexander Vedyakhin told Reuters. DeepSeek, a Hangzhou-based startup, sent shockwaves through global markets last month as investors bet that its low cost models would threaten the dominance of current U.S. leaders such as Nvidia. A potential AI alliance between Russia and China, cast by Washington as the biggest nation state threats to the West, could further shake up the AI sector worldwide amid a race between China and the United States for AI dominance. President Vladimir Putin and Xi Jinping share a broad world view which portrays the West as decadent and in decline as China challenges U.S. supremacy in everything from AI and quantum computing to synthetic biology and hard military power. The West's attempts to isolate Russia over the war in Ukraine have pushed Moscow and Beijing closer - and Putin has in recent months described China as an "ally". "China is a partner of Russia on many issues of the international agenda, and the level of scientific cooperation between our countries can be strengthened through collaboration between our scientists," Sberbank's Vedyakhin said. China has laid out a plan to be the world's leader in AI by 2030. (Reporting by Gleb Bryanski; editing by Guy Faulconbridge)
Share
Share
Copy Link
Sberbank, Russia's largest bank, announces plans to collaborate with Chinese researchers on AI projects, following DeepSeek's creation of a cost-effective AI model that challenges U.S. dominance in the field.
Russia-China AI Collaboration
Sberbank, Russia's largest bank, has announced plans to collaborate with Chinese researchers on joint artificial intelligence (AI) projects. This move comes in the wake of DeepSeek's recent breakthrough in creating a powerful AI model at a significantly lower cost compared to its U.S. counterparts
1
2
.Alexander Vedyakhin, Sberbank's First Deputy CEO, stated, "Sberbank has many scientists. Through them, we plan to conduct joint research projects with researchers from China"
1
. This collaboration marks a significant step in the growing technological partnership between Russia and China.DeepSeek's Impact on the AI Landscape
DeepSeek, a Hangzhou-based startup, has recently sent shockwaves through global markets with its low-cost AI models. Investors are betting that these models could potentially challenge the dominance of current U.S. leaders in the field, such as Nvidia
2
. This development has sparked renewed interest in international AI collaborations, particularly between nations seeking to compete with U.S. technological supremacy.Geopolitical Implications
The potential AI alliance between Russia and China carries significant geopolitical implications. Both countries are viewed by Washington as major nation-state threats to the West, and their collaboration in AI could further disrupt the global AI sector
2
.Russia and China have previously discussed AI cooperation, including potential military applications. However, the depth and scope of this cooperation have largely remained undisclosed to the public
2
. The strengthening of scientific cooperation between the two countries aligns with their self-described "no limits" strategic partnership.Sberbank's AI Ambitions
Under the leadership of CEO German Gref, Sberbank has transformed itself from a traditional Soviet-style state savings bank into one of Russia's leading players in artificial intelligence. The bank released its own AI model, GigaChat, in 2023, demonstrating its commitment to technological advancement
2
.Related Stories
Global AI Race
This collaboration comes amid an intensifying global race for AI dominance, primarily between China and the United States. China has set an ambitious goal to become the world's leader in AI by 2030
2
. The partnership between Russian and Chinese researchers could potentially accelerate progress towards this goal and reshape the international AI landscape.International Relations and Technology
The collaboration between Sberbank and Chinese researchers reflects the broader geopolitical dynamics at play. Western attempts to isolate Russia over the Ukraine conflict have pushed Moscow and Beijing closer together, with Russian President Vladimir Putin recently describing China as an "ally"
2
.Vedyakhin emphasized the importance of this partnership, stating, "China is a partner of Russia on many issues of the international agenda, and the level of scientific cooperation between our countries can be strengthened through collaboration between our scientists"
2
.As the AI sector continues to evolve rapidly, this Russia-China collaboration signals a potential shift in the global balance of technological power, with significant implications for international relations, economic competitiveness, and national security.
References
Summarized by
Navi
[1]
U.S. News & World Report
|After DeepSeek Leap Forward, Russia's Sberbank Plans Joint AI Research With China
Related Stories
Weekly Highlights
1
Anthropic Secures $13B in Funding, Reaching $183B Valuation Amid AI Industry Boom
Business and Economy
2
OpenAI Partners with Broadcom to Develop Custom AI Chips, Challenging Nvidia's Dominance
Technology
3
Tesla Proposes $1 Trillion Pay Package for Elon Musk, Tied to Ambitious AI and Robotics Goals
Business and Economy
Weekly Highlights
Explore today's top stories
Your Daily Dose of Curated AI News
Don’t drown in AI news. We cut through the noise - filtering, ranking and summarizing the most important AI news, breakthroughs and research daily. Spend less time searching for the latest in AI and get straight to action.
