ByteDance may seek approval to purchase 1 million NVIDIA RTX PRO 5500 GPUs
KuCoinFlashShare
AI and crypto news outlets report that ByteDance may seek approval to purchase up to 1 million NVIDIA RTX PRO 5500 GPUs, according to The Information. China’s Ministry of Industry and Information Technology is reviewing applications from companies such as Alibaba and ByteDance. The GPU is part of NVIDIA’s Blackwell series, designed for AI inference and generative AI. Companies must submit purchase plans and intended use cases. No timeline for approval or final quantities has been confirmed. Industry trends indicate growing demand for AI hardware in China.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.