US EditionByteDance to Spend $5.6B on Huawei AI Chips Amid US Nvidia Curbs
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ByteDance to Spend $5.6B on Huawei AI Chips Amid US Nvidia Curbs
In the high-stakes world of artificial intelligence, where computing power dictates dominance, ByteDance Ltd., the Chinese tech giant behind TikTok, is charting a bold new course. Facing U.S. export restrictions that limit access to cutting-edge Nvidia Corp. chips, the company has pivoted significantly toward domestic alternatives. Recent reports reveal that ByteDance plans to allocate approximately $5.6 billion for Huawei Technologies Co.’s Asc…
Meng Wanzhou, financial director of Huawei Technologies and daughter of its founder, highlighted the company's advances and encouraged to take advantage of "strategic opportunities" in the midst of "an increase in intelligence in all aspects of life and work." Beyond phones and mass consumer products, Huawei [...] The post Daughter of Huawei founder: "This year will be key for HarmonyOS and new AI Ascend Atlas chips" first appeared on TransMedia.
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