Russia's Sberbank wants Chinese chips for its GigaChat AI in the face of Western sanctions — faces a long wait behind ByteDance and Alibaba
Sberbank is seeking Chinese chips to power its GigaChat AI due to ongoing Western sanctions. CEO German Gref indicated that the bank is interested in Huawei's processors, which are in high demand domestically. However, Sberbank faces competition from major Chinese tech firms like ByteDance and Alibaba for these chips.
- ▪Sberbank hopes to use Chinese-made processors for its GigaChat AI model.
- ▪Huawei's Ascend 950 family is the likely candidate for Sberbank's needs.
- ▪Sberbank's request comes amid intense competition from Chinese companies for limited chip supplies.
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Tech Industry Artificial Intelligence Russia's Sberbank wants Chinese chips for its GigaChat AI in the face of Western sanctions — faces a long wait behind ByteDance and Alibaba News By Luke James published 20 May 2026 Huawei can barely meet domestic Chinese demand. When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works. (Image credit: Getty / Alexander Kazakov) Copy link Facebook X Whatsapp Reddit Pinterest Flipboard Email Share this article 0 Join the conversation Follow us Add us as a preferred source on Google Newsletter Subscribe to our newsletter Sberbank CEO German Gref said on Wednesday that Russia's largest bank hopes to use Chinese-made processors to run GigaChat, the country's flagship AI model, according to Reuters.
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