ByteDance pursues AI chip manufacturing deal with Samsung amid $22 billion AI investment push
ByteDance, TikTok's parent company, is negotiating with Samsung Electronics to manufacture its first in-house AI chip, targeting 100,000 units this year. The deal includes securing scarce memory chip supplies as the Chinese tech giant plans to spend over $22 billion on AI procurement in 2025, marking a strategic shift toward self-reliance in AI infrastructure.