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ByteDance to invest $12 billion in AI infrastructure

Exclusive: ByteDance plans $20 billion capex in 2025, mostly on AI, sources say

ByteDance, the Chinese owner of TikTok, has earmarked over 150 billion yuan ($20.64 billion) in capital expenditure for this year, much of which will be centred on artificial intelligence, two people briefed on the matter said.

GlobalData on MSN · 1d

ByteDance plans to invest $12bn in AI infrastructure

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

Investing.com on MSN · 1d

ByteDance to invest $12 billion in AI infrastructure by 2025- FT

ByteDance, the parent company of TikTok, plans to invest over $12 billion in artificial intelligence (AI) infrastructure by 2025, according to the Financial Times. This strategic move comes amidst pressure from Washington for the Chinese firm to sell its popular video-sharing app in the United States.

ByteDance earmarks $20B for global expansion

Reuters · 1d

TikTok owner ByteDance, DeepSeek lead Chinese push in AI reasoning

TikTok owner ByteDance on Wednesday released an update to its flagship AI model as a global race intensified to create AI models capable of tackling complex problems.

Hosted on MSN · 21h

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 expenditures in 2025, with a substantial portion of the funds being directed toward artificial intelligence,

The Financial Times · 2d

TikTok owner ByteDance plans to spend $12bn on AI chips in 2025

TikTok owner ByteDance plans to spend more than $12bn on artificial intelligence infrastructure this year, betting on the cutting-edge technology for new growth while under pressure from Washington to sell its popular video-sharing app in the US.

Hosted on MSN10h

OpenAI's Operator agent wants to tackle your online chores – just don’t expect it to nail every task

Hello Operator? Can you give me number nine? Can I see you later? Will you give me back my dime? OpenAI on Thursday launched a human-directed AI agent called Operator that can use a web browser by ...

ByteDance’s UI-TARS can take over your computer, outperforms GPT-4o and Claude

UI-TARS understands graphical user interfaces (GUIs), applies reasoning and takes autonomous, step-by-step action.

ByteDance launches AI code editor based on Microsoft software as TikTok ban is delayed

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

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

The Next Platform1d

OpenAI Declares Its Hardware Independence (Sort Of) With Stargate Project

The dependency dance between AI pioneer OpenAI and the Microsoft Azure cloud and the application software divisions of its ...

1don MSN

AI apps saw over $1 billion in consumer spending in 2024

Demand for generative AI help drive consumer spending on apps to $150 billion globally in 2024, up 13% from the prior year.

ByteDance releases new AI reasoning model in a bid to challenge OpenAI

ByteDance released Doubao-1.5-pro, an upgrade to its flagship AI model, which it claims outperforms OpenAI's o1 in AIME.

OpenAI, SoftBank, Oracle to invest $500 bln in AI, Trump says

President Donald Trump on Tuesday announced that three leading companies would make a large investment in artificial ...

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