Russian president purchased Sberbank to partner with China

China, it-viking.ch Russia AI alliance viewed as threat by the West

DeepSeek success aligns with Sberbank's method, CEO says

Sberbank made AI platforms publicly available, CEO says

(Adds more quotes, details on Russia's AI sector)

By Gleb Bryanski

MOSCOW, Feb 6 (Reuters) - Sberbank prepares to collaborate with Chinese researchers on joint AI projects, a top executive at Russia's most significant bank informed Reuters, as China's DeepSeek has actually overthrown the tech landscape by creating an AI design much more cheaply than U.S. rivals.

Russia and China, bybio.co which share what they call a "no limitations" strategic collaboration, have long spoke about AI cooperation - consisting of in military applications - but little is publicly understood about its depth or scope.

Sberbank, under CEO German Gref, bphomesteading.com has transformed itself from a Soviet-style former state cost savings bank strained by onerous bureaucracy into one of Russia's leading players in artificial intelligence and released its GigaChat design in 2023.

"Sberbank has lots of researchers. Through them, we plan to conduct joint research study projects with researchers from China," Sberbank First Deputy CEO Alexander Vedyakhin informed Reuters. He did not specify who the bank prepares to work together with in China.

DeepSeek, fishtanklive.wiki a Hangzhou-based startup, sent shockwaves through worldwide markets last month as investors bet that its low-priced models would threaten the supremacy of U.S. leaders such as Nvidia.

A possible AI alliance in between Russia and China, cast by Washington as the greatest country state hazards to the West, might even more shake up the AI sector worldwide amid a race between China and the United States for AI .

President Vladimir Putin and Xi Jinping share a broad world view which portrays the West as decadent and king-wifi.win in decrease, as China difficulties U.S. supremacy in everything from AI and quantum computing to artificial biology and tough military power.

The West's efforts to isolate Russia over the war in Ukraine have pressed Moscow and Beijing more detailed - and Putin has in recent months explained China as an "ally".

"China is a partner of Russia on numerous problems of the international agenda, and the level of scientific cooperation between our nations can be reinforced through collaboration between our researchers," Sberbank's First Deputy CEO included.

AI ALLIANCE?

Putin has actually advised Sberbank, which is under Western sanctions, opensourcebridge.science to develop cooperation with China and other BRICS countries in AI to challenge U.S. supremacy. But the real state of Russia's own AI projects is tough to examine as some are secret.

Like China, Russia is struggling to establish domestic computing capability due to sanctions that limit imports of the current Western hardware, and is seeking alternative services to remain competitive in the AI race.

Russia currently ranks 31st out of 83 countries for AI execution, innovation, and investment according to UK-based Tortoise Media's Global AI Index, trailing not just the United States and China but also fellow BRICS members India and Brazil.

Vedyakhin said that because the launch of DeepSeek's designs, Sberbank has compared them to GigaChat MAX, its most innovative design, establishing that the Chinese rival transcended in scientific tasks, while GigaChat was on par or better in banking.

Vedyakhin noted that DeepSeek's success aligns with Sberbank's strategy of finding low-priced options instead of investing billions in computing facilities megaprojects like Stargate, an endeavor announced by U.S. President Donald Trump.

"DeepSeek has actually proven that even with decreased abilities, it is possible to attain quality on par with American models. This raises concerns about the requirement of extreme financial investments when there are engineering innovations," Vedyakhin said.

Vedyakhin said that, like the creators of DeepSeek, Sberbank has actually made most of its AI platforms openly available, including the text-to-image design Kandinsky, called after the 20th-century progressive painter Vassily Kandinsky, and disgaeawiki.info its base model GigaChat Lite.

"The success of DeepSeek is mainly due to its openness, which contrasts with the secrecy of OpenAI. This has drawn in a substantial neighborhood," Vedyakhin said. (Reporting by Gleb Bryanski