ByteDance, the Chinese owner of TikTok, has earmarked over 150 billion yuan ($20.64 billion) in capital expenditure for this ...

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 parent ByteDance has launched an updated version of Doubao, China's most popular consumer-facing artificial ...

ByteDance has launched an artificial intelligence (AI)-powered code editor in competition with American leaders like Cursor ...

ByteDance: The main beneficiaries of the spending will be chipmakers Huawei Technologies and Cambricon Technologies plus US ...

Chinese ByteDance plans a $20 billion capital expenditure in 2025, mainly targeting AI as the tech giant seeks to defend its AI lead back home.

The development comes as the Beijing-based company faces pressure from the US government to sell its social media app TikTok.

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 plans to invest over $20.64 billion in capital expenditure this year, mainly focusing on artificial intelligence ...

DeepSeek has a free website and mobile app even for U.S. users with an R1-powered chatbot interface similar to OpenAI's ...