Funding illustrates renewed interest from big tech and infrastructure providers in making strategic investments in start-ups developing cutting-edge AI.
Co-founder Yang Fan expects capacity to grow by up to triple digits annually over the next two years amid surging generative AI demand.
The China Semiconductor Industry Association clarified that the place of origin for chips is determined by the location of the wafer fabrication plant.
Its latest SenseNova V6 and V6 Reasoner models have outperformed competing products from OpenAI, CEO Xu Li says.
ByteDance’s total revenue is said to have risen to US$155 billion last year, placing the unicorn among the world’s top internet giants.
Ma emphasised that AI should be developed with the aim of understanding and serving humanity, not replacing it.
US President Donald Trump has boosted tariffs on China, where Amazon sources much of its inventory.
Chipmakers and analysts anticipate benefits to China’s chip supply chain from the fresh US tariffs, including for equipment and components.
Ma, who has stepped down from all his corporate roles, remains a key shareholder and spiritual leader of the business empire he created.
The main chipmaker for Apple and Nvidia faces threats by US President Donald Trump to slap tariffs on semiconductor imports.
