ByteDance, the parent company of TikTok, plans to invest $7 billion in Nvidia chips in 2025, circumventing U.S. restrictions on AI chip exports to China. According to sources, the company is utilizing a loophole by storing chips in data centers outside of China, effectively complying with regulations. This move could position ByteDance among the largest owners of Nvidia chips globally. The U.S. has tightened restrictions on AI chip exports multiple times since 2022. ByteDance also operates Doubao, a popular AI chatbot in China with 51 million active users.