China's ByteDance In Talks With Samsung To Manufacture AI Chips, Secure Scarce Memory Chip Supplies: Report

Benzinga_recent_news

02/11

ByteDance, the parent company of TikTok, is reportedly developing an artificial intelligence (AI) chip and is in discussions with Samsung Electronics (OTC:SSNLF) for its manufacturing. The Chinese ...

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It also aims to manufacture at least 100,000 units of the AI inference chip this year.\nByteDance plans to scale production to as many as 350,000 units gradually and is negotiating with Samsung not only on manufacturing but also on securing memory chip supplies, which are in tight demand amid the global AI infrastructure expansion, according to the report. \nThe development represents a key milestone for ByteDance in its multi-year effort to build in-house chips for AI workloads, an initiative that began with hiring chip-related talent in 2022.\nBenzinga reached out to ByteDance and Samsung for comments, but did not receive an immediate response.\nDisclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.\nImage via Shutterstock\nTo add Benzinga News as your preferred source on Google, click here.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}