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Alibaba, ByteDance, and Tencent still want Nvidia’s H20 AI chips despite Beijing pressure
Nvidia chips remain in high demand in China despite U.S. export restrictions and pressure from the Chinese government for tech firms to rely less on American-made technology. The Jensen Huan-led chipm...
1 min

ByteDance's valuation hits $330B on share buyback plan
ByteDance, the Chinese internet giant behind the popular short-video app TikTok, is considering a huge stock buyback in a deal that would value the company at more than $330 billion. The deal undersco...
1 min