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TikTok owner ByteDance is developing a new chip to run artificial intelligence models as part of an aggressive expansion of its homegrown AI infrastructure.
The new AI chip is intended to have a structure similar to U.S. chip designer Groq’s language processing units, which are built to run AI models at low cost, according to three people with knowledge of the project. ByteDance, which is one of China’s AI leaders, is also working closely with InnoStar Semiconductor on how to integrate that Chinese startup
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Nvidia is using its powerful balance sheet to help more companies buy its expensive AI chips, and possibly make some money back too. It’s promising to financially backstop young cloud providers that rent out its graphics processing units in exchange for a share of their revenues. The backstop would come in the form of promising to rent back unused GPUs if the companies can’t find AI developers to rent them,... Read more ›
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Nvidia is promising to financially backstop young cloud providers that rent out its graphics processing units in exchange for a share of their revenues, The Information reported Wednesday. The backstop would come in the form of promising to rent back unused GPUs if the companies can’t find ... Read more ›
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OpenAI has discussed the government taking an equity stake in the company with a range of percentages put forward, according to a person familiar with the talks, who described the discussions as preliminary. The Financial Times earlier reported that OpenAI CEO had proposed a 5% stake. In a ... Read more ›
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08.07.2026 21:20
Last update: 21:05 EDT.
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