China’s internet giants order $5 billion of Nvidia chips to power AI ambitions – FT


China’s internet giants are rushing to acquire high-performance Nvidia chips vital for building generative artificial intelligence (AI) systems, making orders worth $5 billion, the Financial Times reported Wednesday. Baidu, TikTok-owner ByteDance, Tencent, and Alibaba have made orders worth $1 billion to acquire about 100,000 A800 processors from the US chipmaker to be delivered this year, […]

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