• 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

Kevin Durant's Bitcoin Investment Journey Begins

chest

Kevin Durant's journey into Bitcoin investment began in late 2016, influenced by discussions at a birthday celebration.

Jacob Williams

Kevin Durant Successfully Recovers Coinbase Account

chest

NBA star Kevin Durant has successfully recovered his Coinbase account after a brief period of inaccessibility.

Zainab Kamara

Circle CRCL Sees Growth Amid Rising USDC Adoption

chest

Circle Internet Group CRCL is experiencing significant growth due to the rising adoption of its USDC stablecoin and a favorable regulatory environment.

Son Min-ho

Bullish BLSH Secures Key License to Launch Operations in the US

chest

Bullish BLSH has obtained a key license from the New York State Department of Financial Services to launch operations in the US, leading to a surge in its stock price.

Ayman Ben Youssef

Michael Saylor's Strategy MSTR Sees Major Stock Surge Amid Bitcoin Rally

chest

Michael Saylor's Strategy MSTR sees a significant stock surge of over 73% amid Bitcoin's rally, driven by strong retail interest and positive remarks at the Bitcoin Treasuries Unconference.

Tando Nkube

Canadian Police Confiscate $405 Million in Crypto from TradeOgre

chest

The Royal Canadian Mounted Police has confiscated 56 million CAD in digital assets from the crypto exchange TradeOgre due to non-compliance with money laundering regulations.

Kofi Adjeman

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.