The recent US ban on selling components to China’s state-owned communication technology ZTE has become a boon for China’s chip makers. Bytedance—the company behind AI-powered news aggregation platform Jinri Toutiao—has set its eyes on developing its own AI chips.

Bytedance has the largest number of users in the world whose videos need to be analyzed and processed and uploaded, and we are purchasing a large number of chips. At present, we are actively seeking breakthroughs in the chip-related field, Vice-President of Bytedance Yang Zhenyuan told 36Kr (in Chinese). He did not, however, provide any specifics on the products being developed.

The news comes only a few days after Alibaba announced the creation of its neural network chip, the Ali-NPU, which will be used in AI applications for businesses through the Ali Cloud. Just one day after the announcement, Alibaba also revealed it will fully acquire local chipmaker C-SKY Microsystems.

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Masha Borak

Masha Borak is a technology reporter based in Beijing. Write to her at masha.borak [at] technode.com. Pitches with the word "disruptive" will be ignored. Read a good book - learn some more adjectives.