ByteDance Considers AI Chip Purchases from Iluvatar CoreX
ByteDance is in talks to buy artificial-intelligence chips from Iluvatar CoreX, a Shanghai-based GPU maker that until recently sold almost entirely to government buyers, according to people familiar with the discussions cited by Reuters. The talks point to how far the owner of TikTok and Douyin is willing to go to lessen its dependence on Nvidia. […] This story continues at The Next Web
ByteDance is exploring the possibility of acquiring AI chips from Iluvatar CoreX, a Shanghai-based company known for primarily serving government clients. The discussions highlight the company's efforts to reduce its reliance on external suppliers. Iluvatar CoreX has traditionally focused on selling to government entities. This move could signal a shift in ByteDance's supply chain strategy. The company, which owns TikTok and Douyin, is looking for alternative sources for critical technology. The talks are reportedly ongoing and have not yet reached a final decision. This development reflects broader trends in the tech industry towards self-sufficiency. The situation is being closely monitored by industry analysts.
It highlights the growing efforts of tech companies to secure critical components independently.
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