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 reportedly plans to double down on domestic AI chips following U.S restrictions. The Chinese tech giant, however, says that's false.
ByteDance, TikToks parent company, is reportedly gearing up for a $12 billion investment in artificial intelligence (AI) infrastructure in 2025, according to the Financial Times. This strategic move follows U.
ByteDance, the owner of TikTok, plans to invest over $12 billion in AI infrastructure in 2023. This strategic move aims to capitalize on advanced technology for growth, amid mounting U.S. pressure to sell its app.
TikTok, owned by ByteDance, must sell the app by Jan. 19 ... with a value of over $17 billion, according to the Financial Times. Known as Xiaohongshu, which translates to “little red book,” RedNote features a layout similar to Pinterest and is ...
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 on Tuesday, citing sources.
YouTuber MrBeast, X owner Elon Musk and Oracle Chairman Larry Ellison are names that have floated around in the past week.
Hollywood’s silence reveals the contours of our escalating conflict with China; we’re digesting the war on TikTok, instead.
Bill Ford, the CEO of ByteDance shareholder General Atlantic, said Wednesday he was confident that a deal will be reached to ensure TikTok stays online in the US — and suggested there may be
WASHINGTON – General Atlantic CEO Bill Ford said on Wednesday that a deal would get done to save TikTok in the U.S. after President Donald Trump signed an executive order that halted a ban on the app for 75 days.
He also indicated his support for a potential acquisition by Larry Ellison, Chairman of Oracle Corporation, a multinational tech company.