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 ...
ByteDance continues to use Nvidia’s most advanced artificial intelligence chips despite U.S. efforts to block Chinese companies from using them. The Chinese owner of TikTok recently told suppliers it ...
Can a Chinese-owned cultural phenomenon ... TikTok and its parent company ByteDance face a law specifically written by Congress about them. Here, however, they’re not dealing with a domestic ...
The U.S. Supreme Court has upheld the law to ban TikTok in the country if its Chinese parent company, ByteDance, does not sell the app, citing national security concerns. The justices delivered a ...
The company aims to rent access to Nvidia's GPUs via data centres outside mainland China, avoiding direct purchases. ByteDance founder Zhang Yiming is said to be negotiating with data centre ...