FILE PHOTO: The logo of NVIDIA as seen at its corporate headquarters in Santa Clara, California, in May of 2022. Courtesy NVIDIA/Handout via REUTERS China's internet giants are rushing to acquire high-performance Nvidia chips vital for building generative artificial intelligence (AI) systems, making orders worth $5 billion, the Financial Times reported Wednesday. Baidu, TikTok-owner ByteDance, Tencent, and Alibaba have made orders worth $1 billion to acquire about 100,000 A800 processors from the US chipmaker to be delivered this year, the FT reported, citing multiple people familiar with the matter.

https://technology.inquirer.net/126844/chinas-internet-giants-order-5-billion-of-nvidia-chips-to-power-ai-ambitions-ft

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