ByteDance, TikTok's parent company, is in talks to acquire AI chips from Chinese suppliers Iluvatar CoreX and Baidu, aiming to expand its AI capabilities for its Doubao chatbot. This move comes as Nvidia faces export restrictions and growing competition from domestic Chinese chipmakers, who now hold a significant share of China's AI accelerator market. ByteDance's potential deal with Iluvatar CoreX would make it the company's third major domestic GPU supplier, alongside Huawei and Cambricon. Nvidia is also adapting by marketing a new AI data-center CPU in China, but has largely conceded the Chinese market due to U.S. export controls.
Baidu reported better-than-expected Q1 revenues and earnings, driven by AI-related business now making up more than half of its core revenue. The company's cloud infrastructure segment is experiencing exceptional growth, supporting its strong perform...
AmiGo, an autonomous mobility service by Baidu's Apollo Go and Swiss Post's PostBus, received a special permit from Switzerland's Federal Roads Office for Level 4 autonomous operations in Eastern Switzerland. The service began open-road trials on Jun...
