Chinese tech giants secure $5bn Nvidia chips for AI development

  • China’s internet leaders are securing vital Nvidia chips, with orders amounting to $5 billion.
  • Companies like Baidu, ByteDance, Tencent, and Alibaba have placed orders for about 100,000 A800 processors, totaling $1 billion.
  • An additional $4 billion worth of graphics processing units have been purchased for delivery in 2024.
Join 2 million subscribers





A curated newsletter that summarizes the important news at the intersection of Global tech, India Tech and AI.

Delivered 8 AM. Daily.
Total
0
Share
nextbigwhat We would like to show you notifications for the latest news and updates.
Dismiss
Allow Notifications