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 ...
TikTok is considering alternative solutions to selling its US business, as owner ByteDance continues the fight to keep its 170 million American users after a reprieve from the Trump administration ...
The development comes as the Beijing-based company faces pressure from the US government to sell its social media app TikTok. ByteDance has earmarked $5.5bn for AI chips in China, doubling its ...
A major shareholder of ByteDance, the Beijing-based owner of ... Switzerland. “The Chinese government, the US government and the company and the board all have to be involved in this ...
General Atlantic CEO and ByteDance board member Bill Ford said ... week in terms of negotiating what might work. … The Chinese government, the U.S. government and the company and the board ...
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 ...