One-Minute Daily AI News 6/16/2023

1. Chinese tech giants **ByteDance** (**TikTok**), **Tencent**, **Baidu**, and **Alibaba** simply can’t get enough of Nvidia’s High-Performance Computing (HPC) products. This news comes from Chinese media, which reports that TikTok creator, ByteDance, alone, has already caught up (in pure dollar terms) to what the entire Chinese market ordered from Nvidia in 2022.\[1\]
2. **Chinese President Xi Jinping** discussed the global rise of artificial intelligence with **Bill Gates** on Friday and said he welcomed U.S. firms including **Microsoft** bringing their AI …

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