TikTok father or mother firm ByteDance has huge plans to purchase Nvidia chips in 2025 — regardless of U.S. restrictions.
ByteDance plans to spend $7 billion on the chips in 2025, in line with reporting from The Info, citing inside sources. If ByteDance follows via, it would turn out to be one of many world’s prime house owners of Nvidia chips, regardless of U.S. efforts to limit Chinese language corporations from shopping for U.S. AI chips like these.
In 2022, the U.S. introduced export restrictions on sure sorts of AI chips to international locations together with China the place ByteDance is headquartered. These restrictions have gotten tighter a number of occasions since.
ByteDance is technically adhering to those restrictions by utilizing a loophole: The corporate isn’t bringing the chips on to China and is as an alternative storing them in information facilities positioned in different areas like Southeast Asia, in line with The Info’s reporting. This doesn’t technically violate U.S. restrictions.
ByteDance runs Doubao, China’s “hottest” AI chatbot with 51 million energetic customers, in line with the South China Morning Submit.
TechCrunch reached out to ByteDance for extra data.
