With ByteDance reportedly allocating up to 40 billion yuan ($5.5 billion) for AI chip purchases in China, Tencent is also set to boost its capital expenditure in 2025, according to Reuters. The report suggests that the Chinese tech giant intends to do so to speed up AI development and infrastruct...

According to the Chinese media outlet Calian News, Chinese tech giant Tencent has reportedly purchased a batch of new chips from NVIDIA. The report indicates that Tencent’s large-scale procurement of H20 chips is primarily to support the integration of DeepSeek into WeChat. NVIDIA’s H20 AI c...

Although there were previous concerns that DeepSeek might slow down the AI chip market, according to Reuters, Chinese companies are ramping up orders for NVIDIA’s H20 AI chips due to the growing demand for DeepSeek’s low-cost AI models. The report, citing sources, highlights that in response ...

Before Trump’s inauguration in late January, another wave of U.S. counterattacks on Chinese companies seems to be initiated by the Biden administration. According to Reuters, the U.S. Defense Department announced on Monday the addition of several Chinese tech giants, including DRAM maker CXMT, Ten...

With AI giants in the Western world, such as OpenAI, Google and Meta, stealing the spotlight by their development of generative AI, some big names in China have introduced their AI models over the past 18 months, according to a latest report by CNBC. Though trying to keep a low profile, five tech...