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TikTok-owner ByteDance plans to spend $12bn on AI chips in 2025

[ad_1] Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.TikTok-owner ByteDance plans to spend more than $12bn on artificial intelligence…

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Adeel Sikandar January 22, 2025

Posted inBusiness News

Huawei seeks to grab market share in AI chips from Nvidia in China

[ad_1] Huawei is seeking to grab a larger share of the Chinese market for artificial intelligence chips dominated by Nvidia, by helping local companies adopt their rival silicon for so-called…

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Adeel Sikandar January 21, 2025

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