TikTok’s parent company, ByteDance, moves toward developing in-house AI chips

ByteDance, the parent company of TikTok, is reportedly advancing plans to produce its own artificial intelligence (AI) chips. According to a report by The Information, ByteDance is working with TSMC to manufacture two AI chips by 2026. The decision is aimed at decreasing ByteDance’s reliance on suppliers, such as Nvidia, the leading company in the

Source: Cryptopolitan