Goldman Sachs CEO Says Markets Yet to Fully Price In Middle East Conflict 
Anthropic Refuses Pentagon Request to Remove AI Safeguards Amid Defense Contract Dispute 
Facebook Outage Disrupts Thousands of Users Across the United States 
U.S. Officials Review Tencent’s Stakes in Epic Games, Riot Games Over Security Concerns 
Nvidia to Launch New AI Inference Processor to Boost OpenAI Performance 
Shell to Invest $667M in Brazil’s Struggling Sugar and Ethanol Producer Raizen 
OpenAI Secures $110 Billion Funding Round at $840 Billion Valuation Ahead of IPO 
Moderna to Pay Up to $2.25B to Settle LNP Patent Dispute Over COVID-19 Vaccine Technology 
US Lawmakers Raise Security Concerns Over Intel Testing ACM Research Chipmaking Tools 
Malta will gain from smart heritage 
Australia Targets AI Platforms With Strict Age Verification Rules 
DBS Wins Key Licence to Underwrite Corporate Bonds in China’s Interbank Market 
Broadcom Stock Jumps After Strong Earnings Beat and Bullish AI Revenue Outlook 
United Airlines Boeing 787-9 Makes Emergency Landing in Los Angeles After Possible Engine Fire 
OpenAI Explores New Code-Hosting Platform to Reduce Dependence on GitHub 
Blackstone’s BCRED Fund Sees $1.7B Net Outflows as Private Credit Concerns Shake Investors 
Iran Crisis Could Threaten AI Data Center Expansion and Global Chip Demand, South Korea Warns 
China’s ByteDance is accelerating its push into artificial intelligence hardware, reportedly developing its own AI chip while holding discussions with Samsung Electronics for manufacturing support. The TikTok parent company aims to secure a stable supply of advanced processors as global demand for AI infrastructure continues to surge.
Sources familiar with the matter say ByteDance expects to receive sample chips by the end of March. The company plans to manufacture at least 100,000 AI inference chips this year, with production potentially scaling to 350,000 units as demand grows. The project, internally codenamed “SeedChip,” is designed to power AI inference tasks that support ByteDance’s expanding ecosystem, including short video platforms, e-commerce services, and enterprise cloud offerings.
Negotiations with Samsung reportedly include access to high-demand memory chips, which are currently in short supply due to the rapid expansion of AI data centers worldwide. Securing both manufacturing capacity and memory supply would strengthen ByteDance’s position in the competitive AI semiconductor market. However, a ByteDance spokesperson has denied details regarding the in-house chip project, while Samsung has declined to comment.
ByteDance’s AI chip ambitions date back to at least 2022, when the company began aggressively hiring semiconductor talent. In 2024, Reuters reported that ByteDance was collaborating with U.S.-based Broadcom on an advanced AI processor, with Taiwan Semiconductor Manufacturing Company (TSMC) expected to handle production.
Like global tech giants such as Google, Amazon, and Microsoft, ByteDance is seeking to reduce reliance on Nvidia, the dominant supplier of AI chips. U.S. export restrictions on advanced semiconductors have also intensified Chinese tech companies’ efforts to develop domestic AI chips.
The company plans to invest more than 160 billion yuan ($22 billion) in AI-related procurement this year, allocating significant funds to Nvidia H200 chips and its internal AI semiconductor initiatives. Executives have emphasized that increased AI investment will support products like the Doubao chatbot and its international counterpart, Dola, as ByteDance strengthens its long-term artificial intelligence strategy.
