ByteDance, the company behind TikTok, is exploring a new strategy to bypass U.S. sanctions, investing $7 billion in advanced Nvidia processors. This move could make ByteDance one of the largest global consumers of AI hardware. But what’s driving this significant investment? Like other Chinese firms, ByteDance is unable to directly purchase the latest graphics processing units (GPUs) from Nvidia or install them in its data centers located in China. However, ByteDance has come up with an innovative workaround. The company plans to buy these processors and use them in data…
Read MoreTikTok’s Parent Company, ByteDance, is Finding a Creative Way to Overcome U.S. Sanctions and Invest in AI Infrastructure
