ByteDance (TikTok owner) plans new AI model trained with Huawei chips

An interesting snippet from Reuters ICYMI:

• TikTok’s Chinese parent ByteDance plans to develop an AI model trained primarily with chips from compatriot Huawei Technologies
• ByteDance has diversified to domestic suppliers of chips used in artificial intelligence and accelerated development of its own since the U.S. in 2022 started restricting exports of advanced AI chips such as from market leader Nvidia

More at the Reuters piece here.

This article was written by Eamonn Sheridan at www.forexlive.com.