ByteDance, the Chinese owner of TikTok, has earmarked over 150 billion yuan ($20.64 billion) in capital expenditure for this ...
President Donald Trump said late Monday he hoped there would be a “bidding war” for TikTok, claiming Microsoft is now among the companies interested in buying ByteDance’s popular social ...
The privately held technology giant plans to spend about half of the amount abroad on AI-related infrastructure, primarily ...
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ByteDance plans to pump $20bn capex mostly into AI as it defends its AI lead in ChinaChinese ByteDance reportedly plans a $20 billion capital expenditure in 2025, mainly targeting AI as the tech giant seeks to defend its AI lead back home. Sources who spoke to Reuters revealed the ...
ByteDance said: "the anonymously sourced information ... Its AI apps in China include Doubao, meaning "bean bag", with 75 million monthly active users, QuestMobile data showed.
The privately held technology giant plans to spend about half of the amount abroad on AI-related infrastructure, primarily ...
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