• 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

2 years 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

CZ Zhao Issues Warning on Hardware Wallet Security Following Major Exploit

chest

CZ Zhao warns cryptocurrency owners about hardware wallet vulnerabilities following a major exploit that resulted in significant losses.

user avatarEmily Carter

Upbit Conducts Major Internal Wallet Reorganization of SHIB

chest

South Korean exchange Upbit has reorganized 864 billion SHIB across its internal wallet addresses as part of a standard internal rebalancing process aimed at managing liquidity and security.

user avatarTomas Novak

Avalanche Staking Value Reaches $20.477 Billion

chest

Avalanche's staking value has reached approximately $20.477 billion, indicating strong network participation.

user avatarMaya Lundqvist

Helicon Upgrade Activated on Fuji Testnet

chest

The Helicon upgrade has been activated on the Fuji testnet, marking a significant step in Avalanche's development.

user avatarKaterina Papadopoulou

Avalanche Awards Grant to YourGrails for Tokenization of Physical Trading Cards

chest

Avalanche's Team1 Accelerator awarded a $30,000 grant to YourGrails for tokenizing physical trading cards, supporting the growth of the real-world asset ecosystem.

user avatarLeo van der Veen

Aave Governance Considers Wind Down of Low-Use V3 Markets

chest

Aave governance is reviewing a proposal to wind down six low-adoption V3 markets and offboard dozens of reserves to reduce operational complexity.

user avatarLi Weicheng

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.