China’s internet companies launch chip development17. March 2021
China’s internet companies launch chip development
After the Trump administration ensured that numerous Chinese companies ended up on the blacklist and American chip manufacturers were banned from doing business with China, a powerful jolt went through the Chinese Internet companies and they are now starting their first in-house productions at record speed. Their goal is obvious: never again to be dependent on the USA. Last year, only $22.7 billion of the $143 billion worth of chips sold in China were produced domestically.
Here’s what they’re doing to change that:
TikTok owner ByteDance is feverishly trying to assemble a research team to explore AI chip development for cloud computing.
Baidu wants to bring its AI chip design to market and make Kunlun a standalone company.
Alibaba Group Holding Ltd. already unveiled a high-performance AI inference chip, the Hanguang 800, in late 2019. Improvements are being worked on.
Tencent – the third Internet giant in the “BAT” (Baidu, Alibaba and Tencent) – announced an investment in Shanghai-based Enflame Technology earlier this year; Enflame develops chips that process data for training AI systems.
Chinese AI unicorn SenseTime is also already developing its own AI chips.