Chinese tech giant Bytedance has purchased $1 billion worth of NVIDIA GPUs, consisting of about 100,000 units. This move highlights the competition between American and Chinese companies in the race to expand AI capabilities. Bytedance, the creator of TikTok, is rushing to acquire these GPUs due to the export controls imposed by the US government. The company aims to secure as many cutting-edge GPUs as possible before the potential ban on sales. By making this massive purchase, Bytedance aims to safeguard their access to advanced GPUs.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode