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.
TikTok parent ByteDance has launched an updated version of Doubao, China's most popular consumer-facing artificial ...
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 ...
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Bill Ford, the CEO of ByteDance shareholder General Atlantic, said Wednesday he was confident that a deal will be reached to ...
Chinese authorities appear to be softening their stance on the fate of TikTok, possibly paving the way for Beijing-based ...
ByteDance's Doubao has emerged as a leading contender in China's competitive AI chatbot landscape. In December 2024, Doubao ...
TikTok is no longer available in the United States —at least for now. But it’s not the only ByteDance-owned app that’s ...
As TikTok faces uncertainty and mounting pressure in the US, its parent company ByteDance plans an ambitious $12 billion ...
The popular video-editing tool had remained dark for much of the day on Monday even after TikTok returned in the wake of ...
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