ByteDance in talks with China's Iluvatar CoreX to purchase AI chips (opens original article in a new tab)

ByteDance is negotiating with Iluvatar CoreX for AI chips and considering a deal with Baidu, as Chinese chipmakers gain traction in providing alternatives to foreign AI chips.

• ByteDance is in talks with Iluvatar CoreX to purchase AI chips for inference work and is also considering a deal with Baidu.
• Iluvatar CoreX would become ByteDance's third major domestic GPU supplier after Huawei and Cambricon if a deal is agreed.
• Chinese chipmakers are gaining traction in offering alternatives to foreign AI chips, with Iluvatar CoreX expected to ship 50,000 chips to ByteDance this year for inference workloads.