ByteDance shifts AI strategy to Huawei chips for new model development

ByteDance plans to develop a new AI model using Huawei's Ascend 910B chips, shifting focus to domestic suppliers due to U.S. export restrictions on advanced AI chips. This marks a significant change in ByteDance's strategy since 2022. The company has ordered over 100,000 Ascend chips this year but has received fewer than 30,000, impacting its development timeline. ByteDance's current AI technology powers its popular chatbot Doubao and other applications. Despite the challenges, ByteDance remains a major buyer of both Huawei and Nvidia chips, adapting to the evolving AI landscape in China.