Report: ByteDance sets aside about $20B for AI spending this year
TikTok’s parent company ByteDance Ltd. has set aside 150 billion yuan ($20.64 billion) for its capital expenditure this year, and the bulk of that money will be spent on boosting its artificial ...
TikTok owner goes all-in on AI: ByteDance earmarks $20B for global expansion
ByteDance, the Chinese parent company of TikTok, has earmarked over 150 billion yuan ($20.64 billion) for capital ...
Exclusive-ByteDance Plans $20 Billion Capex in 2025, Mostly on AI, Sources Say
BEIJING (Reuters) -ByteDance, the Chinese owner of TikTok, has earmarked over 150 billion yuan ($20.64 billion) in capital ...
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Who's invested in TikTok parent ByteDance? These VC firms, hedge funds and others.
The Supreme Court's ban of TikTok on Jan. 17 brings into sharp focus institutional investors that put money into the social media platform's parent company ByteDance. The high court justices ruled ...
TikTok parent ByteDance sets aside $12B to spend on AI chips this year - FT
ByteDance (BDNCE) is looking to spend over $12B on artificial intelligence infrastructure in 2025 and has allotted a budget ...
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‘Shark Tank’s’ Kevin O’Leary and billionaire Frank McCourt want to buy TikTok. One problem: It’s not for sale
A group formed by billionaire entrepreneur and former Los Angeles Dodgers owner Frank McCourt has made a formal offer to buy TikTok from its China-based parent company, ByteDance. The group ...
TechRadar27d
Chinese cloud giants bought more of Nvidia's flagship AI chips than anybody else - except Microsoft
Tencent and ByteDance seriously outspent the likes ... far ahead of its competitors. "Good data center infrastructure, they’re very complex, capital-intensive projects,” Alistair Speirs ...