EFORT: Shanghai Stock Exchange accepts application for acquisition of 100% of Shengpu shares
ByteDance is reportedly in discussions to purchase at least 50,000 AI chips from Tianshu Zhixin, primarily for AI model inference. This potential deal would position Tianshu Zhixin as ByteDance's third GPU supplier, following Huawei and Cambricon. The chips in question are likely Tianshu Zhixin's Zhikai series for inference and Tiangai series for training. AI
IMPACT This potential large-scale purchase could significantly boost Tianshu Zhixin's market position and accelerate ByteDance's AI infrastructure development.