• 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

Strategy CEO Discusses Potential Bitcoin Sales

chest

Phong Le, CEO of Strategy, discusses potential scenarios for selling Bitcoin holdings to finance dividend payments and adapt to market conditions.

user avatarBayarjavkhlan Ganbaatar

USDT Sees Significant Outflow from Exchanges, Indicating Investor Repositioning

chest

USDT experiences significant outflow from exchanges, indicating potential shifts in investor behavior.

user avatarMohamed Farouk

Ethereum Price Predicted to Surge Above $10,000

chest

Crypto analyst Crypto Patel forecasts that Ethereum's price could reach between $10,000 and $15,000 this cycle, driven by institutional adoption and changing market dynamics.

user avatarElias Mukuru

Bitcoin Price Forecast Remains Positive

chest

Bitcoin price forecast remains positive with analysts predicting a value of 86,068 in five days and 90,919 in three months.

user avatarKenji Takahashi

LTHSTH SOPR Ratio Indicates Growing Market Strength

chest

The LTHSTH SOPR Ratio indicates that long-term Bitcoin holders are realizing stronger profits than short-term traders, suggesting growing market strength.

user avatarDiego Alvarez

Bitcoin Surges to 81,000 as Bullish Sentiment Grows

chest

Bitcoin has recently touched the 81,000 zone, indicating a strong bullish sentiment in the market.

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.