TENCENT STOCKPILING NVIDIA CHIPS FOR AI DEVELOPMENT AMID US EXPORT CONTROLS
Big tech is battening down the hatches for future AI development amid concerns about US export controls. But the latest news from Tencent Holdings Ltd. suggests that it has a secret weapon stashed away in the form of Nvidia Corp.’s H800 artificial intelligence accelerators.
STOCKPILE FOR THE FUTURE
Tencent President Martin Lau announced on an analyst call after earnings on Wednesday that the Shenzhen-based company has gathered enough Nvidia chips to keep developing its Hunyuan AI model for at least another two generations without worries.
US EXPORT CONTROLS? NO PROBLEM!
Lau’s comments come at a time when Chinese tech companies are grappling with the impact of US export controls on their ability to acquire cutting-edge technology. Despite these challenges, Tencent’s confidence in its AI development capabilities remains high in the face of potential constraints.
CALL TO ACTION
What do you think about Tencent’s preparations for future AI development? Do you think other companies should follow suit and stockpile hardware? Share your thoughts in the comments below!
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