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Sberbank seeks Chinese chips to power Russia's GigaChat AI model

Published by Global Banking & Finance Review

Posted on May 20, 2026

2 min read

· Last updated: May 20, 2026

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Sberbank seeks Chinese chips to power Russia's GigaChat AI model

Russia's Push for AI Advancement Amid Western Sanctions

MOSCOW, May 20 (Reuters) - Russia hopes to power its flagship GigaChat AI model with Chinese-made chips, Sberbank's CEO said during President Vladimir Putin's visit to China, as Western sanctions continue to block the country's access to advanced hardware abroad.

Sberbank's Strategy for GigaChat

"We are hoping that we will be able to use Chinese microchips for GigaChat," Chief Executive German Gref told state broadcaster Channel One.

GigaChat was developed by Sberbank, the country's largest lender, which has been driving Russia's push into AI.

Competition for Chinese AI Chips

The bank's efforts to buy advanced chips from China face stiff competition as China's biggest internet firms, including ByteDance, Tencent, and Alibaba, are also rushing to order Huawei's Ascend 950 AI chips.

Comparing Chinese and U.S. AI Chips

Ascend 950, the most advanced Chinese chip, still trails U.S.-based Nvidia's H200 model. Gref did not say which chips Sberbank was trying to buy.

Russia's Position in the Global AI Race

TRAILING AI LEADERS US AND CHINA

Russia trails AI leaders, the United States and China, and depends heavily on imported electronics in sensitive sectors including defence, with China being its main supplier.

Sberbank's Role in Domestic Electronics Production

This reliance may change, as Sberbank has emerged as a major maker of electronics after buying a stake in leading producer Element.

China-Russia Cooperation on AI

A joint declaration, issued after talks between Putin and Chinese leader Xi Jinping in Beijing on Wednesday, said AI has become key to economic reform.

Key Points from the Joint Declaration

It urged closer bilateral cooperation, including in defence and open‑source software, backed China’s proposal for a global AI body and warned against the use of AI as a geopolitical tool.

(Writing by Gleb BryanskiEditing by Bernadette Baum)

Key Takeaways

  • Sberbank seeks Chinese AI hardware due to Western sanctions limiting Russia’s access to advanced chips.
  • Huawei’s Ascend 950PR and 950DT chips—launched or planned in 2026—are in high demand among major Chinese firms like ByteDance, Tencent, and Alibaba.
  • While Ascend 950 chips trail Nvidia’s H200 in raw performance, they offer strong low‑precision FP8/FP4 capabilities, high memory bandwidth, and CUDA‑compatible software, making them viable alternatives.

Frequently Asked Questions

Why is Sberbank seeking Chinese chips for its GigaChat AI model?
Sberbank is looking for Chinese chips due to Western sanctions blocking Russia’s access to advanced hardware from abroad.
What Chinese chips is Sberbank interested in for GigaChat?
Sberbank is reportedly trying to obtain Huawei's Ascend 950 chips, the most advanced available in China.
How do Chinese chips compare to U.S. alternatives for AI?
Chinese chips like the Ascend 950 trail U.S. models such as Nvidia's H200 in terms of technological advancement.
What challenges does Sberbank face in acquiring Chinese AI chips?
Sberbank faces stiff competition from major Chinese tech firms such as ByteDance, Tencent, and Alibaba, who are also seeking these chips.
What role does China play in Russia’s technology supply?
China is Russia’s main supplier of advanced electronics, especially since Western sanctions have limited other sources.

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