ByteDance Planned to Spend $7 Billion on Nvidia Chips Next Year

ByteDance continues to use Nvidia’s most advanced artificial intelligence chips despite U.S. efforts to block Chinese companies from using them.

The Chinese owner of TikTok recently told suppliers it planned to spend up to $7 billion to access Nvidia chips outside China in 2025, according to a person who has been involved in the plan. The effort, led by co-founder Zhang Yiming, would make ByteDance one of the world’s biggest consumers of such hardware.