New Delhi, May 21 -- Alibaba Group, on Wednesday, introduced a new AI chip called Zhenwu M890, as it intensifies efforts to build domestic alternatives to Nvidia processors ‌amid tightening US export curbs.

This chip delivers three times the performance compared to its previous edition, and is purpose-built for the coming wave of AI "agents", which are software systems that can carry out complex tasks with limited human oversight.

This launch comes at a time when firms in China are looking to boost their chip production as the US restrictions on NVIDIA's advanced chips' export to China continues.

At the same event where the new chip was launched, NVIDIA outlined a roadmap of high-end chip production through 2028, which suggests a...