Fearing restrictions, Chinese companies hastily started buying chips in the US

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Fearing that the United States will impose new restrictions on the export of chips used for artificial intelligence technologies to China, large Chinese companies urgently began to buy chips from the American manufacturer Nvidia. This was reported by the British newspaper citing sources. Finance Times.

According to sources, Chinese internet giants have already placed orders for $5 billion. We’re talking about buying the high-performance Nvidia chips needed to build productive AI systems.

Baidu, ByteDance, Tencent and Alibaba have placed orders for around 100,000 A800 processors worth $1 billion. Chinese companies have also bought GPUs worth $4 billion.

Speaking on condition of anonymity, a Baidu employee said it would be impossible to continue training any major language model without Nvidia chips.

Previously reportedUS President Joe Biden signed a decree limiting American investment in China’s technology industry, including the development of semiconductors and microelectronics, quantum technologies and artificial intelligence in China.

Formerly in US intelligence frightened embedded Chinese software.

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