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

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

ByteDance will purchase 50,000+ inference chips from Iluvatar CoreX, its first major customer beyond government. Chinese chipmakers control 41% of China's AI accelerator market as Nvidia collapses, fundamentally reshaping enterprise infrastructure and sourcing.