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
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 ...
ByteDance is placing a big bet on artificial intelligence (AI) infrastructure as the TikTok parent plans to spend more than ...
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's Doubao has emerged as a leading contender in China's competitive AI chatbot landscape. In December 2024, Doubao ...
TikTok parent ByteDance is asking Chinese employees at its Singapore headquarters to pay tax to their home country or risk ...
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