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, ByteDance
ByteDance's Doubao 1.5 Pro follows the success of the AI company DeepSeek, which surprised the global tech community by ...
TikTok parent ByteDance has launched an updated version of Doubao, China's most popular consumer-facing artificial ...
Evan Feigenbaum of Carnegie Endowment for International Peace believes ByteDance and Chinese officials are unlikely to agree ...
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 ...
Chinese authorities appear to be softening their stance on the fate of TikTok, possibly paving the way for Beijing-based ...
TikTok is no longer available in the United States —at least for now. But it’s not the only ByteDance-owned app that’s ...
ByteDance (BDNCE) is looking to spend over $12B on artificial intelligence infrastructure in 2025 and has allotted a budget ...
TikTok parent ByteDance is asking Chinese employees at its Singapore headquarters to pay tax to their home country or risk ...
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