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.
General Atlantic CEO and ByteDance board member Bill Ford said Wednesday that he believes TikTok soon will reach a deal to ...
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 ...
BEIJING, Jan 23 (Reuters) - 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 ...
Potential TikTok buyers are lining up as President Trump and the Chinese government show heightened interest in striking a ...
This significant investment demonstrates ByteDance's commitment to becoming a major player in the global AI landscape, even ...
ByteDance, the Chinese tech giant behind TikTok, has set aside over 150 billion yuan ($20.64 billion) for capital expenditure ...
CNBC's Deirdre Bosa joins 'The Exchange' with the latest details on the AI race between the U.S. and China. CNBC's Deirdre ...
TikTok was banned in the US due to national security concerns over its Chinese ownership, prompting federal action requiring ...
After the Supreme Court upheld a long-awaited TikTok ban, the app went dark. 14 hours later, it was back. Here's how it ...
Droves of self-described "TikTok refugees" migrated over to other Chinese apps, specifically Lemon8 and RedNote.