Financial Times:
Sources: ByteDance plans to spend ~$5.5B to acquire AI chips in China in 2025, double the amount spent in 2024, with ~60% going to Chinese suppliers like Huawei — Chinese owner of video app seeks growth from AI as its social media business comes under pressure in US
Sources: ByteDance plans to spend ~$5.5B to acquire AI chips in China in 2025, double the amount spent in 2024, with ~60% going to Chinese suppliers like Huawei (Financial Times)
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