ByteDance plans to pump $20bn capex mostly into AI
TikTok, ByteDance
TikTok owner ByteDance on Wednesday released an update to its flagship AI model as a global race intensified to create AI ...
ByteDance released Doubao-1.5-pro, an upgrade to its flagship AI model, which it claims outperforms OpenAI's o1 in AIME.
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 ...
This significant investment demonstrates ByteDance's commitment to becoming a major player in the global AI landscape, even ...
ByteDance is placing a big bet on artificial intelligence (AI) infrastructure as the TikTok parent plans to spend more than ...
There will be no shortage of interested acquirers for the popular video service, which boasts 170 million monthly U.S. users.
The controversy stems from legislation passed in 2024 that required TikTok’s Chinese parent company, ByteDance, to sell the app to a U.S.-based entity or face a ban. After former President Joe Biden ...
It’s a good bet that President Donald Trump cares a lot more about TikTok than Chinese President Xi Jinping does. That suggests the Chinese leader will have some bargaining leverage over Trump in ...
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