TikTok's Chinese parent ByteDance plans to develop an AI model trained primarily with chips from compatriot Huawei Technologies (HWT.UL), said three people familiar with the matter, as U.S. curbs turn the social media giant homeward in search of chips.

ByteDance is reportedly preparing to develop a new artificial intelligence model using Huawei chips, as U.S. trade restrictions push the Chinese tech giant to seek domestic alternatives. According to three sources familiar with the matter,

TikTok's Chinese parent company ByteDance will train its next-gen AI model using Huawei's latest AI chips, keeping it all in China.