ByteDance's strategy to navigate US restrictions
Reportedly, ByteDance is getting around these restrictions by exploiting a loophole.Rather than directly importing the chips into China, the company plans to store them in data centers located in other regions like Southeast Asia.
This way, it doesn't technically violate US restrictions, enabling ByteDance to continue with its ambitious chip acquisition plan.
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The owner of TikTok plans to buy NVIDIA AI chips worth $7 billion
If ByteDance implements this plan, it will become one of the world's largest owners of NVIDIA chips. ByteDance owns Doubao, China's most popular chat bot with artificial intelligence, which has 51 million active users.
In 2022, the United States imposed restrictions on the export of certain AI chips to China and several other countries, and these restrictions were later tightened.
ByteDance formally adheres to these restrictions. The company does not import chips directly to China, but stores them in date centers located in other regions, such as Southeast Asia. Technically, this does not violate US sanctions.
In 2022, the United States imposed restrictions on the export of certain AI chips to China and several other countries, and these restrictions were later tightened.
ByteDance formally adheres to these restrictions. The company does not import chips directly to China, but stores them in date centers located in other regions, such as Southeast Asia. Technically, this does not violate US sanctions.
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