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The newspaper reports, citing anonymous sources, that "Chinese internet giants are rushing to buy high-performance Nvidia chips needed for generative AI systems, placing orders worth $5 billion as part of a buying frenzy sparked by fears of new US export controls."
Businesses like Baidu, ByteDance, Tencent, and Alibaba have already placed orders for the delivery of 100,000 A800 processors, which are expected to cost $1 billion. According to Nvidia sources, Chinese corporations have also ordered GPUs worth $4 billion, which will be delivered in 2024.
Under the condition of anonymity, a Baidu employee told the publication, "We will not be able to continue training any major language model without these Nvidia chips."
source: ft.com
Businesses like Baidu, ByteDance, Tencent, and Alibaba have already placed orders for the delivery of 100,000 A800 processors, which are expected to cost $1 billion. According to Nvidia sources, Chinese corporations have also ordered GPUs worth $4 billion, which will be delivered in 2024.
Under the condition of anonymity, a Baidu employee told the publication, "We will not be able to continue training any major language model without these Nvidia chips."
source: ft.com
