Chinese Tech Giants Tencent and Alibaba Secure Nvidia GPUs Amid U.S. Export Curbs
In a strategic maneuver to circumvent U.S. semiconductor restrictions, Tencent and Alibaba have acquired thousands of Nvidia’s H20 AI chips from ByteDance’s inventory, underscoring China’s relentless push for AI dominance despite geopolitical hurdles. The transaction, valued at approximately $278 million for Tencent alone, highlights the critical role of advanced computing power in fueling China’s AI […]
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