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Tag: Trade Restrictions

ByteDance to Buy Huawei AI Chips Despite U.S. Restrictions
NEWS, Wearables & Health

ByteDance to Buy Huawei AI Chips Despite U.S. Restrictions

ByteDance, the parent company behind popular apps TikTok and Douyin, is reportedly looking to purchase AI chips from Huawei despite ongoing tensions with the United States over technology trade restrictions. 📌 Key Takeaways ✓ByteDance plans to buy AI chips from Huawei ✓U.S. sanctions complicate tech collaborations ✓Huawei continues developing advanced semiconductor solutions Background on ByteDance's DecisionThe decision by ByteDance comes as U.S. sanctions have made it difficult for the company to access certain hardware and software components that are essential for its operations, especially in AI development. Huawei, facing similar challenges due to trade restrictions imposed by the U.S., has been developing advanced chips, including those designed specifically for artificial in...
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