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AI, TikTok and ByteDance
TikTok owner ByteDance plans to spend $12 billion on AI chips in 2025, FT reports
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.
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,
TikTok parent ByteDance sets aside $12B to spend on AI chips this year - FT
Beijing-based ByteDance (BDNCE) is looking to spend over $12B on artificial intelligence infrastructure in 2025 and has allotted a budget of RMB 40B ($5.5B) to acquire AI chips in China this year, the Financial Times reported Tuesday,
10h
on MSN
ByteDance board member confident deal to save TikTok in US will be reached soon
General Atlantic CEO and ByteDance board member Bill Ford said Wednesday that he believes TikTok will soon reach a deal to ...
1d
on MSN
TikTok owner ByteDance asks expat employees to pay Chinese tax
TikTok parent ByteDance is asking Chinese employees at its Singapore headquarters to pay tax to their home country or risk ...
Business Times
1h
Tiktok weighs non-sale options, ByteDance’s Bill Ford says
BYTEDANCE is exploring a deal to keep TikTok running in the US without selling its operations there, according to board ...
38m
TikTok’s Possible Buyers, From Elon Musk to MrBeast
The app, which was set to be banned, now has a bit more time to find a home and address national security issues ...
3d
on MSN
RIP TikTok. Long live TikTok: A look at the ByteDance app following its flurry of fortunes
TikTok's influence has been greater than its seemingly short-lived demise. The ByteDance-owned app returns after going dark ...
9h
Trump can save TikTok without forcing a sale, ByteDance board member claims
TikTok owner ByteDance is reportedly still searching for non-sale options to stay in the US after the Supreme Court upheld a national security law requiring that TikTok's US operations either be shut ...
Axios Login on MSN
1d
ByteDance director says TikTok deal will get done
A deal will get done to ensure that TikTok remains available in the U.S., General Atlantic CEO Bill Ford told Axios during an ...
1d
on MSN
ByteDance director Bill Ford says deal coming to save TikTok in the U.S.
WASHINGTON – General Atlantic CEO Bill Ford said on Wednesday that a deal would get done to save TikTok in the U.S. after ...
1d
on MSN
ByteDance director confident TikTok deal will get done, sees options to avoid an outright sale
Bill Ford, the CEO of ByteDance shareholder General Atlantic, said Wednesday he was confident that a deal will be reached to ...
8h
With Trump’s TikTok extension, new potential U.S. buyers emerge
YouTuber MrBeast, X owner Elon Musk and Oracle Chairman Larry Ellison are names that have floated around in the past week.
4d
on MSN
These Billionaires, Companies And Investors—Elon Musk, Kevin O’Leary And More—Could Buy TikTok As Ban Starts
ByteDance, TikTok’s parent company, is required to sell the app to a U.S.-based buyer or face a nationwide ban.
2h
Trump seeks TikTok deal
Welcome to The Hill’s Technology newsletter {beacon} Technology Technology   The Big Story TikTok buyers line up with Trump, ...
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