Alibaba, ByteDance and Tencent order over $35 billion in Nvidia chips
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Alibaba, ByteDance and Tencent order over $35 billion in Nvidia chips
1 article1 sourcesince Oct 20Last article 1h ago ·
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Alibaba, ByteDance and Tencent have together ordered more than $35 billion worth of Nvidia chips, Reuters reported.
The orders come as China's large tech companies turn to US suppliers for compute.
The report comes as Beijing proposes AI export controls and the US restricts some Chinese AI, according to Semafor, which cites Reuters.
Written by AI from the articles below · updated Oct 20, 7:05 PM ET
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Latest developmentOct 20, 6:44 PM ET
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Oct 20
- Semafor · TechnologyNewsAlibaba, ByteDance, and Tencent order over $35 billion in Nvidia chips
AIAlibaba, ByteDance, and Tencent have together ordered more than $35 billion worth of Nvidia chips, according to Reuters. The deals come as Beijing proposes AI export controls and the US restricts some Chinese AI.
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