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Tag: U.S

  • ByteDance may Launch a U.S.-only CapCut Version

    ByteDance may Launch a U.S.-only CapCut Version

    According to Business Insider, ByteDance—the parent company of TikTok, CapCut, Lemon8, and Gauth—plans to transition U.S. users to a new version of its video editing app, CapCut, as part of a broader effort to localize its services.
    Image Credits: Techcrunch

    According to Business Insider, ByteDance—the parent company of TikTok, CapCut, Lemon8, and Gauth—plans to transition U.S. users to a new version of its video editing app, CapCut, as part of a broader effort to localize its services.

    Releasing a U.S.-specific app may be part of ByteDance’s wider strategy to comply with a 2024 law that mandates it to sell off TikTok and other U.S. assets or face a potential ban from operating in the country.

    ByteDance Prepares U.S.-Only TikTok Ahead of Potential Investor Sale

    ByteDance is reportedly developing a dedicated U.S. version of TikTok as it prepares for a potential sale of the platform to a group of American investors.

    CapCut, one of ByteDance’s leading apps, has exceeded 1 billion downloads on Google Play and ranks as the top video app on the U.S. iOS App Store, ahead of major competitors like Instagram and YouTube.

    It remains uncertain whether ByteDance plans to create U.S.-specific versions of its other platforms, including Lemon8 and Gauth, as it does with TikTok and CapCut.

    Read the original article on: Techcrunch

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  • NVIDIA and AMD Are Expected To Roll Out New AI Chips in China That Align With U.S. Export Limits

    NVIDIA and AMD Are Expected To Roll Out New AI Chips in China That Align With U.S. Export Limits

    To adhere to U.S. export restrictions on advanced semiconductor technology to China, NVIDIA and AMD are preparing to launch new GPUs tailored for AI applications in the Chinese market, according to Taiwanese tech outlet Digitimes, which cited supply chain insiders.
    Image Credits: Pixabay

    To adhere to U.S. export restrictions on advanced semiconductor technology to China, NVIDIA and AMD are preparing to launch new GPUs tailored for AI applications in the Chinese market, according to Taiwanese tech outlet Digitimes, which cited supply chain insiders.

    NVIDIA and AMD Prepare AI GPUs Tailored for China’s Market

    NVIDIA is reportedly preparing to launch a scaled-down version of its AI GPU, known by the code name “B20,” specifically designed to meet the export restrictions and cater to the Chinese market’s demand for AI processing power. This streamlined GPU delivers solid AI performance while complying with U.S. regulations, enabling NVIDIA to maintain its presence in China’s growing AI sector despite export limitations.

    Meanwhile, AMD targets the same market by introducing its new Radeon AI PRO R9700 workstation GPU, designed to efficiently handle AI workloads in professional environments. This GPU aims to provide robust performance for AI applications, particularly for Chinese enterprises and developers who require high-powered yet accessible AI computing solutions.

    NVIDIA and AMD Navigate Regulations to Tap Growing Market

    Both companies plan to start selling these specialized AI chips in China as early as July, signaling a strategic move to adapt their product lines to regulatory constraints while continuing to capitalize on the expanding AI technology market in China. This approach not only ensures compliance but also enables NVIDIA and AMD to support the AI ecosystem within China by offering products designed specifically for its unique regulatory and commercial environment.

    Additionally, Reuters recently reported that NVIDIA is developing a lower-cost AI chip based on its Blackwell architecture for the Chinese market, with an anticipated price range of $6,500 to $8,000—significantly cheaper than its H20 GPUs, which currently sell for $10,000 to $12,000.

    On Wednesday, NVIDIA reported a $4.5 billion charge in the first quarter due to licensing restrictions that hindered its ability to sell the H20 AI chip to Chinese firms. Additionally, the company was unable to ship another $2.5 billion worth of H20 chips during the quarter because of these limitations. Looking ahead, NVIDIA projected that these licensing requirements could reduce its second-quarter revenue by $8 billion.

    Read the original article on: TechCrunch

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