• 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

Bitcoin Coinbase Premium Index Stays Negative Amid Price Fluctuations

chest

The Bitcoin Coinbase Premium Index remains negative despite Bitcoin's price recovery towards $78,000, indicating a lack of buying pressure from Coinbase users.

user avatarBayarjavkhlan Ganbaatar

XRP Achieves Record Growth in Real World Asset Sector

chest

XRP has surpassed Ethereum and Solana in Real World Asset (RWA) growth, achieving a remarkable increase in market value.

user avatarMohamed Farouk

Dankrad Feist Proposes New Organization to Revitalize Ethereum

chest

Former Ethereum Foundation researcher Dankrad Feist proposes the creation of a new organization to revitalize Ethereum, citing the Foundation's lack of ETH holdings and revenue.

user avatarElias Mukuru

Trump Plans to Raise Tariffs on EU Cars and Trucks

chest

Trump plans to raise tariffs on EU cars and trucks to 25%, despite a Supreme Court ruling against certain tariffs.

user avatarDiego Alvarez

Supreme Court Ruling Forces US to Refund Tariff Revenue

chest

Supreme Court ruling requires US to refund $149 billion in unlawful tariff revenue.

user avatarKenji Takahashi

Chainlink's Smart Value Recapture Solution Dominates DeFi Market

chest

Chainlink's Smart Value Recapture (SVR) solution has rapidly gained a 99% market share in capturing oracle-related Maximal Extractable Value (MEV) within the DeFi ecosystem.

user avatarMaria Fernandez

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.