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BaiduAsset sale

ByteDance in talks to buy AI chips from Iluvatar CoreX and Baidu as Nvidia loses ground in China.

What happened

Baidu, Inc. sold assets to ByteDance on Jan 1st '26.

Source

Article excerpt

Highlighted: the sentence this signal was extracted from

ByteDance in talks to buy AI chips from Iluvatar CoreX and Baidu as Nvidia loses ground in China. ByteDance is in talks with Chinese chipmakers as Nvidia loses ground in China's AI market. ByteDance, the Company behind TikTok, is negotiating chip supply deals with two Chinese semiconductor companies. The company is in talks with Shanghai-based GPU startup Iluvatar CoreX and Baidu's chip unit Kunlunxin. The move signals a wider shift away from Nvidia hardware among China's biggest tech firms. Two sources familiar with the matter confirmed the talks to Reuters. Both sources declined to be named because the discussions remain private. ByteDance, Iluvatar CoreX, Baidu, and Tencent did not respond to requests for comment. ByteDance turns to Iluvatar CoreX for inference chips. If a deal is reached, Iluvatar CoreX will become ByteDance's third major domestic GPU supplier. It will join Huawei and Cambricon on that list. The chips under discussion target inference workloads, which are tasks that involve responding to user queries in real time. Iluvatar CoreX is expected to ship at least 50,000 chips to ByteDance this year. Most of those chips will support tasks tied to ByteDance's AI chatbot Doubao. ByteDance is working to grow Doubao's user base across China. Inference workloads differ from AI model training. Training requires the most powerful processors available. Inference...

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Extracted by Autobound

From the Signal API record
Event
Asset sale

What this signalsSelling part of the business often leads to a new focus and new budgets.

Takes effect
Jan 1, 2026
Location
China

The full record

From the Signal API record

Details

Ticker
OTC:BAIDF

Extraction

Confidence
55%
Detected
Jun 16, 2026
signal_type
news
signal_subtype
sells_assets_to

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The API returns more than this page shows

This page shows a preview. The full news record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/b4c9b536-c6f9-4a4b-9e35-778ef4c9075c returns this record as JSON. POST /v1/companies/enrich returns every signal for baidu.com.

{
  "signal_id": "b4c9b536-c6f9-4a4b-9e35-778ef4c9075c",
  "signal_type": "news",
  "signal_subtype": "sells_assets_to",
  "detected_at": "2026-06-16T16:08:00+00:00",
  "company": {
    "name": "Baidu",
    "domain": "baidu.com"
  },
  "data": {
    "url": "https://colitco.com/bytedance-ai-chip-deals-iluvatar-corex-baidu-nvidia-china",
    "title": "ByteDance in talks to buy AI chips from Iluvatar CoreX and Baidu as Nvidia loses ground in China.",
    "ticker": "OTC:BAIDF",
    "excerpt": "ByteDance in talks to buy AI chips from Iluvatar CoreX and Baidu as Nvidia loses ground in China.\n\nByteDance is in talks with Chinese chipmakers as Nvidia loses ground in China's AI market.\n\nByteDance, the Company behind TikTok, is negotiating chip supply deals with two Chinese semiconductor companies. The company is in talks with Shanghai-based GPU startup Iluvatar CoreX and Baidu's chip unit Kunlunxin. The move signals a wider shift away from Nvidia hardware among China's biggest tech firms.\n\nTwo sources familiar with the matter confirmed the talks to Reuters. Both sources declined to be named because the discussions remain private. ByteDance, Iluvatar CoreX, Baidu, and Tencent did not respond to requests for comment.\n\nByteDance turns to Iluvatar CoreX for inference chips.\n\nIf a deal is reached, Iluvatar CoreX will become ByteDance's third major domestic GPU supplier. It will join Huawei and Cambricon on that list. The chips under discussion target inference workloads, which are tasks that involve responding to user queries in real time.\n\nIluvatar CoreX is expected to ship at least 50,000 chips to ByteDance this year. Most of those chips will support tasks tied to ByteDance's AI chatbot Doubao. ByteDance is working to grow Doubao's user base across China.\n\nInference workloads differ from AI model training. Training requires the most powerful processors available. Inference...",
    "summary": "Baidu, Inc. sold assets to ByteDance on Jan 1st '26.",
    "location": "China, Eastern Asia, Asia",
    "planning": false,
    "image_url": "https://colitco.com/wp-content/uploads/2026/06/Extreme-Heat-Watch-Mar-2023.jpg",
    "confidence": 0.5496,
    "published_at": "2026-06-16T16:08:00Z",
    "location_data": [
      {
        "region": "Eastern Asia",
        "country": "China",
        "continent": "Asia",
        "fuzzy_match": false
      }
    ],
    "effective_date": "2026-01-01",
    "article_sentence": "ByteDance in talks to buy AI chips from Iluvatar CoreX and Baidu as Nvidia loses ground in China.",
    "related_company_name": "ByteDance",
    "related_company_domain": "bytedance.com"
  }
}

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