China’s ByteDance Developing New AI Chips Like Those from Nvidia Partner Groq

TikTok owner ByteDance is developing a new chip to run artificial intelligence models as part of an aggressive expansion of its homegrown AI infrastructure. The new AI chip is intended to have a structure similar to U.S. chip designer Groq’s language processing units, which are built to run AI models at low cost, according to three people with knowledge of the project. ByteDance, which is one of China’s AI leaders, is also working closely with InnoStar Semiconductor on how to integrate that...