(Image credit: hapabapa via Getty Images) ByteDance, the company behind TikTok and video editing app CapCut, is developing its own CPUs in a bid to better support its AI infrastructure. Given the AI industry's hunger for silicon, it's hardly surprising another massive tech company is taking hardware into its own hands. Several external partners have already been approached with regard to design work for ByteDance's chip. Securing capacity at manufacturing foundries was apparently also discussed. The plan is in the early stages and not yet public, but Reuters spoke with a number of anonymous sources familiar with the matter. Currently, ByteDance is exploring two different chip architectures: Arm and RISC-V. Both architectures are used for chips in data centres throughout the wider industry, though Arm presents a proprietary ISA, with a fixed feature set to go along with it, whereas RISC-V is a modular, royalty-free, open-source architecture.…