Chinese technology company ByteDance is in talks with Shanghai-based Iluvatar CoreX to purchase AI chips for inference work and is also considering a similar deal with Baidu, according to two sources familiar with the matter.If a deal is agreed, Iluvatar CoreX would become ByteDance's third major domestic supplier of graphics processing units (GPUs) after Huawei and Cambricon, the sources added.TikTok parent ByteDance is also considering using Baidu's Kunlunxin chips, they said, declining to be named as the talks ?are not public. ?Tencent is ?already a Kunlunxin chip customer, according to one of the sources.ByteDance, Iluvatar CoreX, Baidu and Tencent did…