China’s Internet Giants Order $5 Billion of Nvidia Chips To Power AI Ambitions

According to the Financial Times, China’s internet giants have ordered more than $5 billion worth of high-performance Nvidia chips for building generative AI systems.  Baidu, TikTok-owner ByteDance, Tencent and Alibaba have made orders worth $1 billion to acquire about 100,000 A800 processors from the U.S. chipmaker to be delivered this Read more…