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’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 ...
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.
Perplexity AI submitted a bid to TikTok parent ByteDance Ltd., to merge with its US operations and create a new entity, ...
TikTok and its parent company, ByteDance lawyers, have appealed to the Supreme Court to halt the ban pending their appeal to a lower-court ruling. Also Read: Meta User Base, AI-Powered Ad Growth ...