The owner of TikTok, ByteDance, is collaborating with California-based Broadcom to develop its own five-nanometer artificial intelligence processor. This partnership aims to ensure a stable chip supply for the social media giant amidst escalating tensions between the US and China. The move comes as ByteDance, like other tech companies, is ramping up its AI capabilities but has struggled to secure a reliable source of AI chips. Previously, ByteDance had been relying on Nvidia chips to power its advancements in AI, but is now shifting towards creating its own AI processor in partnership with Broadcom. The final chips are expected to be ready by 2022.
On the other hand, Meta, the owner of TikTok rival Facebook, has been in talks with Apple regarding a potential artificial intelligence collaboration. Meta is exploring the possibility of integrating its AI tools into the latest generation of iPhones, following Apple’s new AI strategy that incorporates ChatGPT-style technology into its suite of applications and the Siri voice command tool. Apple, which has faced criticism for lagging behind in AI capabilities compared to competitors like Microsoft and Nvidia, has seen a decline in its status as the world’s most valuable company. Meanwhile, Meta’s share price has soared by over 40% since the beginning of the year, as it continues to expand its AI offerings, including the release of its own large language model.
Overall, the tech industry is witnessing a shift towards self-sufficiency in AI chip development and collaboration between companies seeking to enhance their AI capabilities. ByteDance’s partnership with Broadcom and Meta’s discussions with Apple reflect the growing importance of AI in the tech sector and the race to stay ahead in this rapidly evolving field. As companies invest in developing their own AI processors and forming strategic alliances, the landscape of AI technology is poised for significant advancements in the near future.
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https://ca.finance.yahoo.com/news/chip-tok-bytedance-plots-ai-123917595.html