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Sources: ByteDance is on track for ~$50B profit in 2025 after generating a ~$40B net income in the first three quarters, surpassing its internal target for 2025 (Bloomberg)

Bloomberg : Sources: ByteDance is on track for ~$50B profit in 2025 after generating a ~$40B net income in the first three quarters, surp...

2 May 2025

Sources: Nvidia told ByteDance, Alibaba, Tencent, and others that it is tweaking its AI chips so they can be sold in China without breaching US export rules (Qianer Liu/The Information)

Qianer Liu / The Information:
Sources: Nvidia told ByteDance, Alibaba, Tencent, and others that it is tweaking its AI chips so they can be sold in China without breaching US export rules  —  The U.S. government is steadily tightening the noose on Nvidia's sales to China.  But the AI chip giant isn't giving up on the market.

Posted from: this blog via Microsoft Power Automate.

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