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The Economic Times
The Economic Times
Technology

ByteDance in talks with China's Iluvatar CoreX to purchase AI chips

Chinese technology company ByteDance is in talks with Shanghai-based Iluvatar CoreX to purchase AI chips ​for inference work and is also considering ​a similar deal with Baidu, according to two sources familiar with the matter.

If ​a deal is agreed, Iluvatar CoreX would become ByteDance's third major domestic supplier of graphics processing units (GPUs) after Huawei and Cambricon, the sources added.

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