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Alibaba, ByteDance, and Tencent still want Nvidia’s H20 AI chips despite Beijing pressure

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...

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1 min
ByteDance's valuation hits $330B on share buyback plan

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...

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1 min