TikTok Parent Plans $7 Billion AI Push With Nvidia Chips

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In a bold move to expand its artificial intelligence (AI) footprint, the company is set to spend up to $7 billion in 2025 on Nvidia Corp (NASDAQ:NVDA) chips outside China, The Information reports.

Read Also: Nvidia Targets Robotics as Next Big Opportunity Amid Rising AI Rivalry

TikTok’s Parent Gets Serious About AI – And Nvidia’s Chips

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Article Details

Author / Journalist: Surbhi Jain

Category: Technology

Markets: United StatesChinaIndiaMalaysia

Topics: Douyin Long Ideas Stories That Matter Markets US67066G1040 Top Stories BABAF NVDA Tech TikTok Benzinga AI Asia Trading Ideas Artificial intelligence BABA ByteDance

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-30 @ 16:11:57 (5 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 360 words

Reading Time: 2 minutes read

Sentences: 15 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 24743603

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About Benzinga

Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 3 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 12 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #53

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