• 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

99% of Web3 Projects Fail to Generate Revenue, Reveals Tiger Research

chest

A report reveals that 99% of Web3 projects are unprofitable, highlighting a structural flaw in the blockchain ecosystem.

user avatarLucas Weissmann

Structural Flaws in Web3 Fundraising Models Exposed

chest

Tiger Research identifies critical structural flaws in Web3 fundraising models, highlighting issues like misaligned incentives and speculative funding that threaten the industry's future.

user avatarFilippo Romano

Understanding the Historical Context of Iranian Protests

chest

Iran has a history of protest movements, with current unrest reflecting economic dissatisfaction and political unrest.

user avatarTomas Novak

Pepecoin (PEPE) Faces Liquidity Challenges Amid Market Stagnation

chest

Pepecoin (PEPE) is facing liquidity challenges and resistance in its price movement amid market stagnation.

user avatarLeo van der Veen

Mutuum Finance (MUTM) Emerges as a New Player in Decentralized Lending

chest

Mutuum Finance (MUTM) is gaining traction as a decentralized lending platform focused on actual platform activity, currently in presale with over $19M raised and more than 18,800 holders.

user avatarMaya Lundqvist

Ethereum Whale Completes Strategic Exit at Bitstamp

chest

A major Ethereum investor has completed a five-year investment strategy by moving their final 26,000 ETH to Bitstamp, realizing a profit of $269 million.

user avatarKaterina Papadopoulou

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.