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Chinese tech giant Huawei has created an advanced AI chip, set to debut in October, The Wall Street Journal reported. Big companies including TikTok parent ByteDance, Chinese search-engine powerhouse Baidu, and telecom China Mobile are already in talks to buy the chip (dubbed βAscend 910Cβ). Orders are expected to exceed 70K chips valued at a total of $2B. Chinese companies have struggled to get their hands on the most advanced chips as the US has ramped up sanctions.
https://www.wsj.com/tech/..
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Exclusive | Huawei Readies New Chip to Challenge Nvidia, Surmounting U.S. Sanctions
The Chinese tech company is looking for AI business with the Ascend series but still faces production problems.