TikTok parent ByteDance shifts AI development to Huawei: report

ByteDance, TikTok’s parent company, is ramping up AI development using Huawei’s chips amid US trade restrictions. The company is developing a new AI model with Huawei’s Ascend 910B chip, diversifying from US suppliers like Nvidia. However, chip supply constraints and performance limitations pose challenges. ByteDance remains a major buyer of both Huawei and Nvidia chips, balancing its AI ambitions with supply chain complexities.READ FULL