ByteDance in talks with China's Iluvatar CoreX to purchase AI chips
The potential deal would make Iluvatar CoreX ByteDance’s third major domestic GPU supplier as China’s AI chipmakers gain ground.
- ByteDance is in talks to purchase at least 50,000 chips from Shanghai-based Iluvatar CoreX for inference work, which would make the startup the company's third major domestic supplier after Huawei and Cambricon.
- These negotiations reflect a broader shift in China's AI infrastructure market, where domestic chipmakers captured nearly 41 per cent of the accelerator server segment last year, eroding Nvidia's once-dominant position in the country.
- Iluvatar CoreX, which listed in Hong Kong in January, reported 1 billion yuan in 2025 revenue, with total shipments projected to jump 139 per cent this year to over 100,000 chips using its Zhikai series.
- Such efforts by local firms are gaining traction as Beijing promotes domestic technology to enhance self-reliance amid US export controls, with ByteDance also considering a similar agreement with Baidu for its Kunlunxin chips.
- Nvidia CEO Jensen Huang stated the company's market share in China has effectively fallen to zero, while Tencent Chief Strategy Officer James Mitchell noted in May that domestic AI chips would become available in large quantities later this year.
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ByteDance in Talks To Purchase AI Chips From Iluvatar CoreX and Baidu as China Accelerates Domestic Semiconductor Adoption | 📰 LatestLY
ByteDance is in talks to purchase AI inference chips from Iluvatar CoreX and Baidu to reduce reliance on foreign hardware. This move, aiming to secure at least 50,000 chips for its Doubao chatbot, signals a shift toward domestic GPU suppliers. Iluvatar CoreX shares surged following the news, reflecting strong growth projections for Chinese AI infrastructure providers. 📰 ByteDance in Talks To Purchase AI Chips From Iluvatar CoreX and Baidu as Ch…
ByteDance in talks with China's Iluvatar CoreX to purchase AI chips
A deal with ByteDance, one of China's biggest technology companies and a major spender on AI infrastructure, would be a significant commercial milestone for Iluvatar CoreX. Until now, the Shanghai-based company has mainly supplied government procurement projects, one of the sources said.
ByteDance weighs chips from Iluvatar CoreX and Baidu's Kunlunxin to power AI - report
ikTok parent ByteDance (BDNCE) is in talks with Shanghai-based Iluvatar CoreX to purchase AI chips for inference workloads and is also evaluating a similar arrangement with Baidu's Kunlunxin chips,
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