Qualcomm Secures Deal to Supply AI Chips to TikTok Owner ByteDance
By
Ian King, Haze Fan
Hard to chew. Probably not worth the jaw work.
Summary
Qualcomm has secured a deal with ByteDance (TikTok's parent company) to supply millions of custom AI chips (ASICs) for data centers, marking Qualcomm's strategic expansion from smartphone processors into AI infrastructure. The chips will support ByteDance's AI agent software.
Key quotes
· 3 pulledQualcomm Inc. reached a deal with TikTok owner ByteDance Ltd. to supply chips for artificial intelligence data centers
ByteDance is set to procure millions of Qualcomm chips known as application-specific integrated circuits
marking a key win for a company trying to expand from smartphone processors into AI infrastructure
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