China Tech Digest: Alibaba Reportedly Asked To Shed Media As

China Tech Digest: Alibaba Reportedly Asked To Shed Media Assets; ByteDance May Enter AI Chips Field


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Beijing reportedly asked Alibaba to shed its media assets
Beijing reported asked Alibaba to shed its media assets. Alibaba’s media assets include South China Morning Post and others.
Baidu’s AI chips unit Kunlun reportedly completes new funding at $2 billion valuation
Baidu’s AI chips unit Kunlun reportedly completes new funding at $2 billion valuation, according to reports citing insiders.
IDC released global AI server market data, Chinese manufacturers account for 28.1%
Recently, IDC released "Worldwide Semiannual Artificial Intelligence Tracker (2020H1)". The report shows that the global artificial intelligence server market reached US$5.59 billion in the first half of 2020.
Inspur ranked first in the world with a market share of 16.4%, Dell (14.7%) ranked second, HPE (10.7%) ranked third in the world, Huawei (6%) and Lenovo (5.7%) ranked fourth and fifth.

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