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TikTok, ByteDance
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 ensure TikTok stays online in the US — and suggested there may be
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 soon will reach a deal to remain in the U.S. “It’s in everybody’s interest,” Ford said
TikTok weighs non-sale options, ByteDance’s Ford says
NEW YORK – ByteDance is exploring a deal to keep TikTok running in the US without selling its operations there, according to board member Bill Ford.
ByteDance plans to pump $20bn capex mostly into AI
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.
ByteDance plans to pump $20bn capex mostly into AI as it defends its AI lead in China
Chinese 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 TikTok owner will pump a significant chunk of the total money (150 billion yuan or $20 billion) abroad into AI infrastructure development.
ByteDance plans to invest $12bn in AI infrastructure
The development comes as the Beijing-based company faces pressure from the US government to sell its social media app TikTok.
21h
on MSN
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 ...
5h
Report: ByteDance sets aside about $20B for AI spending this year
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 ...
newsbytesapp.com
20h
ByteDance to invest over $20B in AI development this year
ByteDance, the Chinese tech giant behind TikTok, has set aside over 150 billion yuan ($20.64 billion) for capital expenditure ...
decrypt
1d
Is TikTok’s Parent Company Buying $12B Worth of AI Chips?
ByteDance reportedly plans to double down on domestic AI chips following U.S restrictions. The Chinese tech giant, however, ...
1d
on MSN
TikTok’s parent company is in active discussions about a deal, board member says
A board member at TikTok’s parent company said that a deal to save the app from disappearing in the United States will be ...
1d
on MSN
CapCut ban update: ByteDance video editor is back for U.S. users, but it’s still not in Apple and Google app stores
The popular video-editing tool had remained dark for much of the day on Monday even after TikTok returned in the wake of ...
Datacenter Dynamics
1d
TikTok drops ByteDance CDN in the US following brief shutdown
Kentik’s analysis shows that, prior to the shutdown, most TikTok traffic used ByteDance’s own CDN. Since it returned, all ...
1d
on MSN
TikTok owner ByteDance, DeepSeek lead Chinese push in AI reasoning
TikTok owner ByteDance on Wednesday released an update to its flagship AI model aimed at challenging Microsoft-backed ...
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