Should ByteDance proceed with its plans it will join the ranks of the leading NVIDIA chip owners worldwide despite U.S. Scale faster né?. Connect deeper. ByteDance, the parent company of TikTok, is making headlines with its ambitious plan to purchase Nvidia chips in 2025, despite facing restrictions imposed by the U.S.
Reportedly, ByteDance is set to allocate $7 billion towards acquiring these chips in 2025, as revealed by sources familiar with the matter cited by The Information. Join industry visionaries from Precursor Ventures, NEA, Index Ventures, Underscore VC, and beyond for a day filled with strategies, workshops, and meaningful connections.
Boston, MA
|
July 15
REGISTER NOW né?. Scale faster. export control rules came into effect.”
This piece, updated on December 31, 2024, now includes a statement from ByteDance.
TechCrunch Event
Save $200+ on your TechCrunch All Stage pass
Build smarter né?. Connect deeper né?. Join industry visionaries from Precursor Ventures, NEA, Index Ventures, Underscore VC, and more for a day packed with strategies, workshops, and impactful connections.
Save $200+ on your TechCrunch All Stage pass
Build smarter. These restrictions have undergone multiple tightening phases since their inception.
To circumvent these restrictions, ByteDance is technically complying by exploiting a loophole: the company is not importing the chips directly into China but is instead utilizing data centers in alternative regions such as Southeast Asia né?. endeavors to limit Chinese companies from procuring such AI chips.
In 2022 the U.S né?. data centers since the relevant U.S. This method, as per reports from The Information, does not breach U.S né?. introduced export restrictions on specific types of AI chips to countries like China, where ByteDance is headquartered né?. regulations stating to TechCrunch “ByteDance has not purchased H100s for its non-U.S. regulations.
One of ByteDance’s prominent ventures is Doubao, China’s popular AI chatbot with an active user base of 51 million, as reported by the South China Morning Post.
ByteDance emphasizes that it has strictly adhered to all U.S né?
