• 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

David Hoffman Highlights Lighter's Unique Features in Crypto Debate

chest

David Hoffman discusses the advantages of Lighter over Robinhood, focusing on its transparency, specialized features, and zero-knowledge system that enhances trust among traders.

user avatarZainab Kamara

XRP and SWIFT: A New Perspective on Global Payments

chest

Recent discussions suggest that XRP and SWIFT may not be direct competitors but rather part of a hybrid financial system.

user avatarDavid Robinson

Historic Mortgage Secured by Bitcoin Closed in Michigan

chest

A Michigan couple has made history by closing on the first government-backed mortgage using Bitcoin as collateral.

user avatarAndrew Smith

David Hoffman Unveils New Investment Strategy Post-ETH Sale

chest

David Hoffman, cofounder of Bankless, has unveiled his new investment strategy after selling ETH, reallocating his capital into a portfolio that includes VVV, NEAR, ZEC, HYPE, and LIT.

user avatarJacob Williams

Market Pressures and Bitcoin's Long-Term Potential

chest

Jamie Coutts discusses current market pressures and potential long-term buying opportunities for Bitcoin in the 60,000 range.

user avatarSon Min-ho

Bitcoin's 200-Week Moving Average Remains a Key Support Level

chest

Bitcoin's 200-week moving average is at 61,700, a crucial support level for traders, indicating potential recovery if maintained.

user avatarAyman Ben Youssef

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.