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TikTok owner ByteDance plans to spend $12 billion on AI chips in 2025, FT reports
(Reuters) -ByteDance is placing a big bet on artificial intelligence (AI) infrastructure as the TikTok parent plans to spend more than $12 billion on AI in 2025, the Financial Times reported ... said ...
Early ByteDance Backer Halves Funding Goal as Startup Bets Cool
Source Code Capital, among the earliest backers of TikTok owner ByteDance Ltd., is halving its fundraising target to about ...
ByteDance’s Nvidia chip arbitrage
Plus, activist fund Farallon takes a big stake in Japanese pharma company and an ode to a Hong Kong public watchdog ...
The Financial Express9h
TikTok to return to Apple’s US App Store following government directive: Report
Apple confirmed to Bloomberg that the ByteDance-owned short-video platform will be available for download again by Thursday ...
Benzinga.com22d
TikTok-Parent ByteDance Plans $12 Billion AI Chip Investment In 2025 To Bolster Global AI Ambitions Amid US Export Controls: Report
reported the Financial Times, citing two people familiar with the plans. About 60% of ByteDance’s domestic semiconductor orders are expected to be fulfilled by Chinese suppliers like Huawei ...
Alibaba Shares Climb on Report of AI Partnership With Apple in China
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Tiktok's Chinese owner appears to be slow-rolling negotiations for sale, Washington Post reports
Short video app TikTok's owner ByteDance seems to be slow-rolling negotiations for a sale while waiting for approval from the ...
Reuters23d
TikTok owner ByteDance plans to spend $12 billion on AI chips in 2025, FT reports
Jan 21 (Reuters) - ByteDance is placing a big bet on artificial intelligence (AI) infrastructure as the TikTok parent plans to spend more than $12 billion on AI in 2025, the Financial Times ...