ByteDance said: "the anonymously sourced information about our spending is incorrect." It didn't elaborate. Nvidia declined to comment. Huawei and Cambricon did not immediately respond to requests ...

The TikTok owner is committing 150 billion yuan or $20 billion for AI infrastructure development and testing. ByteDance wants to defend its AI position back home in China. This comes as the future of ...

FILE PHOTO: The ByteDance logo is seen at the company's office in Shanghai ...

US TikTok Users Scramble, Despair as Bytedance Waves the 'White Flag' By Doyinsola Oladipo NEW YORK (Reuters) -Disappointment, denial and confusion flooded U.S. TikTok on Wednesday upon hearing ...

Jan 21 (Reuters) - ByteDance is placing a big bet on artificial intelligence (AI) infrastructure as the TikTok parent plans to spend more than $12 billion on AI in 2025, the Financial Times ...

Shanghai.China-Jan. 9th 2022: close up ByteDance company logo on office building. A Chinese information technology (IT) company. Developer of TikTok. Credit: 123rf ByteDance has refuted a report by ...

A major shareholder of ByteDance, the Beijing-based owner of TikTok, said Wednesday he was confident that a deal will be reached to ensure the video-sharing app stays online in the US — and ...

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 at ...

TikTok owner ByteDance was China’s biggest investor in technologies including artificial intelligence (AI) in 2024, with its outlay almost matching the combined spending of rivals Baidu ...

Concerns that the Chinese government could manipulate content and gain access to sensitive user data through the app, which is owned by the Chinese company ByteDance, prompted Congress to pass ...

The Supreme Court unanimously found the new law that could lead to a ban of TikTok does not violate the First Amendment ...

TikTok-parent ByteDance is reportedly gearing up to invest over $12 billion in artificial intelligence infrastructure by 2025. What Happened: The Beijing-based tech giant has allocated ...