• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

ByteDance Plans to Produce Its Own AI Chips by 2026

user avatar

by Giorgi Kostiuk

a year ago


  1. ByteDance's AI Chip Development Plans
  2. Expansion of ByteDance's AI Portfolio
  3. Alternative AI Chip Developments in China

  4. ByteDance, the parent company of TikTok, is developing its own artificial intelligence chips.

    ByteDance's AI Chip Development Plans

    According to The Information, ByteDance is working with TSMC to manufacture two AI chips by 2026. This decision aims to decrease reliance on suppliers like Nvidia, a leading company in the AI chip niche. Companies face difficulties in obtaining Nvidia GPUs due to US export restrictions, prompting ByteDance to seek other alternatives.

    Expansion of ByteDance's AI Portfolio

    ByteDance has already made significant progress in artificial intelligence development. In August 2022, the company introduced Doubao, an AI chatbot, which has become the main competitor to Baidu’s Ernie Bot. Doubao has gained popularity and has outperformed Ernie Bot in terms of downloads and active users on iOS. In May, ByteDance launched Doubao's large language models aimed at enterprise clients. These models are relatively cheap compared to other models with similar features.

    Alternative AI Chip Developments in China

    ByteDance's plan to develop its own chips is driven by rising tensions between the US and China over technology exports. Earlier this year, the US introduced tough measures to restrict key technology exports, including AI chips. ByteDance has also been working with US-based chipmaker Broadcom to develop a processor that meets US export regulations and will be manufactured by TSMC. Last year, ByteDance acquired Huawei's Ascend 910B chips. ByteDance is not the only Chinese company developing its own AI chips. Another technology firm, Baidu, has also designed its AI chip, Kunlun 3, which TSMC is set to produce soon.

    ByteDance's development of its own AI chips is aimed at strengthening its AI capabilities and reducing dependency on external suppliers. It is also part of a broader trend of technological self-sufficiency in China.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Nordic Investors Reassess US Exposure Amid Geopolitical Tensions

chest

Nordic pension funds are reassessing their investments in US assets due to rising geopolitical risks.

user avatarArif Mukhtar

Dr Altcoin Critiques Pi Network's Progress and Development

chest

Dr Altcoin criticizes Pi Network for its lack of progress and unresolved technical issues, particularly regarding Version 23.

user avatarMaria Gutierrez

Historical Patterns Suggest Potential Market Effects

chest

Experts and analysts note that past changes in exchange rates have led to notable market movements, suggesting that the current update may have similar implications.

user avatarAndrew Smith

NXPC and NFT Exchange Rate Update Sparks Community Interest

chest

The 8th update on the NFTNXPC exchange rate has generated curiosity within the community following a new item addition.

user avatarDavid Robinson

Micron's Investment Aligns with Singapore's High-Tech Industry Goals

chest

Micron Technology's significant investment in Singapore aims to enhance NAND production and aligns with the nation's goal of establishing high-tech industries, including AI.

user avatarJacob Williams

Micron Technology to Invest $24 Billion in Singapore for NAND Production

chest

Micron Technology Inc plans to invest an additional $24 billion in Singapore over the next decade to enhance its NAND manufacturing capabilities amid rising demand for AI.

user avatarZainab Kamara

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.