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[News] ByteDance Reportedly Plans USD 7 Billion NVIDIA AI Chip Purchase in 2025 despite U.S. Restrictions


2024-12-31 Emerging Technologies editor

According to a report by TechCrunch, citing The Information, despite U.S. government efforts to restrict Chinese companies from accessing cutting-edge chips, sources cited in The Information reveal that ByteDance, the Chinese parent company of the popular short video platform TikTok, plans to invest up to USD 7 billion in 2025 to procure NVIDIA chips from regions outside China.

The report notes that this initiative could make ByteDance one of the world’s largest buyers of NVIDIA chips.

Sources from The Information indicate that while ByteDance technically complies with U.S. restrictions by not bringing the chips directly into China, the company instead houses them in data centers in regions such as Southeast Asia.

As highlighted in the report, citing South China Morning Post, ByteDance operates Doubao, China’s most popular AI chatbot, with 51 million active users.

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(Photo credit: Bytedance)

Please note that this article cites information from TechCrunch, The Information, and South China Morning Post.

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