Chinese technology giants Tencent Holdings and Alibaba Group Holding have purchased a substantial number of graphics processing units (GPUs) from TikTok owner ByteDance, which previously stockpiled about 100 billion yuan (US$13.7 billion) worth…
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https://www.scmp.com/tech/big-tech/article/3308254/tencent-alibaba-buy-nvidia-gpus-bytedance-stockpile-report-says