China weighs allowing ByteDance, Alibaba to buy new Nvidia chips, The Information reports
The Chinese government has signaled it could allow some domestic companies like ByteDance and Alibaba to buy Nvidia’s chip built for high-end professional computers, The Information reported on Sunday, citing two people familiar with the matter. China’s Ministry of Industry and Information Technology recently asked companies including ByteDance and Alibaba to report their plans to purchase…
The Chinese government may permit ByteDance and Alibaba, two prominent domestic companies, to acquire Nvidia's high-performance chips, according to a report by The Information. The ministry of Industry and Information Technology reportedly asked companies like ByteDance and Alibaba to disclose their intentions to purchase Nvidia's RTX PRO 5500 chips.
The ministry has reportedly indicated approval for these purchases, suggesting that the RTX PRO 5500 chip may bypass US export restrictions. Nvidia's spokesperson confirmed that US firms are still constrained by outdated export controls, but did not confirm or deny the report. Neither Alibaba nor ByteDance have commented on the matter, and Reuters could not independently verify the report or reach the Chinese government for further information.
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