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 ...

SoftBank and OpenAI will invest $19 billion each, while the other joint venture members, Oracle and MGX, will invest $7 ...

Enterprise information technology (IT) services provider TechStore Bhd aims to raise RM25mil from its initial public offering ...

TikTok’s parent company ByteDance Ltd. reportedly has a plan to get around tough U.S. restrictions on the export of advanced computer chips to China. The company is said to be planning to spend ...

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

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.

TikTok is difficult to value. Keeping those complications in mind, Forbes spoke with at least nine people and came up with ...