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TikTok-parent ByteDance has reportedly change into the biggest purchaser of Nvidia Company NVDA chips in Asia, outpacing rivals like Alibaba Group Holding Ltd. BABA and Baidu Inc. BIDU.
What Occurred: ByteDance has been aggressively hiring AI engineers from native opponents Alibaba and start-ups comparable to 01.ai and Zhipu.
The goal is to broaden its groups to develop giant language fashions and AI merchandise, reported the Monetary Occasions, citing a number of folks with information of the hiring course of.
The corporate has additionally invested billions in AI infrastructure, buying superior Nvidia GPUs to construct refined AI fashions, based on sources conversant in the matter.
Founder Zhang Yiming is main this initiative at a vital time, as development for Douyin, TikTok’s Chinese language counterpart, has plateaued. A U.S. court docket final week additionally upheld a legislation requiring ByteDance to promote TikTok by January or face a ban.
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Central to ByteDance’s AI development is its sturdy business alliance with Nvidia. Attributable to U.S. export rules, the corporate is restricted to buying Nvidia’s H20 GPUs, a much less highly effective, specialised model to be used in Chinese language knowledge facilities.
Nonetheless, ByteDance may entry high-performance H100 and Blackwell chips for its operations outdoors China, the report famous.
Sources conversant in the scenario reveal that ByteDance is at present Nvidia’s largest buyer in China, with one insider noting it has additionally emerged as the corporate’s high purchaser throughout Asia.
The corporate can also be engaged on an AI chip, modeled after Alphabet Inc.’s GOOG GOOGL Google’s Tensor Processing Unit, to scale back reliance on Nvidia chips.
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ByteDance and Nvidia didn’t instantly reply to Benzinga’s request for feedback.
Why It Issues: Final month, it was reported that ByteDance’s valuation soared to $300 billion, reflecting its optimistic development outlook regardless of the looming risk of a U.S. TikTok ban.
Beforehand it was reported that ByteDance and different Chinese language tech giants are increasing its AI footprint in Silicon Valley to draw high U.S. expertise.
In response to U.S. restrictions on superior AI chip exports, ByteDance has additionally been exploring home suppliers like Huawei Applied sciences for chip growth. The corporate reportedly plans to make use of Huawei’s Ascend 910B chip to coach a large-language AI mannequin.
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