ByteDance, the parent company of TikTok, has emerged as the biggest buyer of Nvidia’s artificial intelligence (AI) chips in China, surpassing tech giants like Alibaba and Tencent. This development highlights the intensifying race among Chinese tech companies to dominate the AI market. ByteDance’s massive purchases of Nvidia’s AI chips suggest its ambitions to leverage AI for enhancing its popular apps like TikTok and Douyin, as well as expanding into other AI-driven services. The company’s AI chip purchases are expected to reach $1 billion in 2024, according to industry sources. This move underscores the growing demand for AI hardware in China, driven by the country’s tech giants’ efforts to develop cutting-edge AI capabilities. Nvidia’s AI chips have become a crucial component in powering AI systems, and ByteDance’s significant investment in these chips signals its commitment to staying at the forefront of AI innovation.