The development comes as the Beijing-based company faces pressure from the US government to sell its social media app TikTok.

TikTok owner ByteDance plans to spend more than $12bn on artificial intelligence infrastructure this year, betting on the ...

The privately held technology giant plans to spend about half of the amount abroad on AI-related infrastructure, primarily data centres and networking equipment ...

BYTEDANCE is exploring a deal to keep TikTok running in the US without selling its operations there, according to board ...

ByteDance (BDNCE) board member Bill Ford said the TikTok parent is exploring a deal to keep the short video app running in America without selling its operations there.

ByteDance’s valuation surge aligns with its ongoing effort to provide liquidity to investors, a priority in the absence of any immediate IPO plans. This marks ByteDance’s third share buyback ...

ByteDance plans ₩10 trillion investment in NVIDIA chips amid U.S. restrictions ByteDance aims to enhance AI capabilities by investing heavily in advanced semiconductor technology despite regulatory ch ...

TikTok got a short reprieve to make a deal. Project Stargate, a $500B AI plan from OpenAI, Oracle, and Softbank, pushes Musk, Microsoft, aside. Google buys HTC VR tech.

Perplexity AI submitted a bid to TikTok parent ByteDance Ltd., to merge with its US operations and create a new entity, ...