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ByteDance appears to be skirting US restrictions to buy Nvidia chips: report
TikTok parent company ByteDance has big plans to purchase Nvidia chips in 2025, despite U.S. restrictions. According to a recent report by The Information, citing inside sources, ByteDance intends to spend $7 billion on these chips.
This move would make the company one of the world’s top owners of Nvidia chips, defying U.S. efforts to restrict Chinese companies from acquiring AI chips like these. In 2022, the U.S. government announced export restrictions on certain kinds of AI chips to countries including China, where ByteDance is headquartered.
Since then, these restrictions have been tightened multiple times. However, it appears that ByteDance has found a loophole to bypass these restrictions. Instead of bringing the Nvidia chips directly to China, the company reportedly stores them in data centers located outside of the country, such as those in Southeast Asia.
This tactic does not technically violate U.S. export controls, allowing ByteDance to continue its plans without breaking any rules.
Source: techcrunch.com
