❕ ByteDance appears to be skirting US restrictions to buy Nvidia chips: Report ByteDance, the parent company of TikTok, plans to invest $7 billion in Nvidia chips in 2025, despite U.S. restrictions on Chinese companies acquiring U.S. AI technology. The company is reportedly navigating these restrictions by using a loophole: instead of bringing the chips directly to China, ByteDance intends to store them in data centers located in other regions, such as Southeast Asia. This approach allows them to technically comply with U.S. regulations while still gaining access to valuable AI chips. ByteDance also operates Doubao, a popular AI chatbot in China with 51 million active users. 💬 Source 📌 Powered by V3V Ventures