TikTok mum or dad firm ByteDance has large plans to purchase Nvidia chips in 2025 – regardless of US restrictions.
ByteDance plans to spend 7 billion dollars in chips in 2025based on a report from The Data, citing inside sources. If ByteDance follows by means of, it’ll change into one of many world’s largest homeowners of Nvidia chips, regardless of U.S. efforts to forestall Chinese language firms from shopping for American AI chips like these.
In 2022, america introduced export restrictions on sure sorts of AI chips to international locations together with China, the place ByteDance is headquartered. These restrictions grew to become tighter several times since.
ByteDance technically adheres to those restrictions utilizing a loophole: the corporate doesn’t deliver the chips on to China and as an alternative shops them in information facilities in different areas like Southeast Asia, based on the report. The Data. Technically, this doesn’t violate US restrictions.
ByteDance runs Doubao, China’s hottest AI chatbot with 51 million energetic customers, based on the South China Morning Post.
TechCrunch has contacted ByteDance for extra data.
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