TikTok Parent Plans $7 Billion AI Push With Nvidia Chips

ByteDance, the Chinese tech powerhouse behind TikTok and Douyin, is charging ahead in the AI race, and it’s doing so with a very big chip on its shoulder—or rather, chips.

Read Also: Nvidia Targets Robotics as Next Big Opportunity Amid Rising AI Rivalry

TikTok’s Parent Gets Serious About AI – And Nvidia’s Chips

At the helm of this strategic AI push is ByteDance’s founder, Zhang Yiming, who's been quietly turning the company into an AI juggernaut. The goal? Artificial General Intelligence (AGI), systems with human-like intelligence.

And while the U.S. tightens the screws on chip exports, ByteDance is finding creative ways to power its AI ambitions.

Nvidia's Role: A Double-Edged Sword

So, how is ByteDance working around the export ban?

For one, it's snapping up Nvidia’s H20 AI chips, a customized, less powerful version of Nvidia's famed GPUs, meant to comply with U.S. restrictions, according to The Times of India. But ByteDance isn't stopping there.

The company is also securing access to Nvidia's top-of-the-line H100s and Blackwell chips, which it plans to use in data centers outside China, including newly established facilities in Malaysia.

ByteDance's Chatbot Showdown: Doubao Vs. ChatGPT

While ByteDance builds its AI empire, it's also launching a new AI chatbot—Doubao—set to rival OpenAI's ChatGPT in China.

Gaining traction fast, Doubao is attracting millions of monthly users, thanks to its robust multi-functional capabilities in search, translation, and content generation.

With Cici AI already making waves overseas, ByteDance's AI ecosystem is beginning to look like a serious contender in the global race for AI supremacy.

Read Next:

Image by XanderSt on Shutterstock.

Market News and Data brought to you by Benzinga APIs

To add Benzinga News as your preferred source on Google, click here.