Chinese Tech Firms Baidu, TikTok-owner ByteDance, Tencent, Alibaba Order Nvidia AI Chips Worth $5 Billion: Report
[ad_1] China’s internet giants are rushing to acquire high-performance Nvidia chips vital for building generative artificial intelligence systems, making orders worth $5 billion (roughly Rs. 41,400 crore), the Financial Times reported on Wednesday. Baidu, TikTok-owner ByteDance, Tencent and Alibaba have made orders worth $1 billion (roughly Rs. 8,300 crore) to acquire about 100,000 A800 processors from … Read more