ByteDance plans to spend 40 billion yuan ($5.50 billion) to acquire AI chips in China in 2025, the report said, adding that the company will invest about $6.8 billion overseas to ramp up its ...

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 parent company ByteDance wants the court to halt a bipartisan law that would require the company to sell the social video platform to a U.S. company. The law set a Jan. 19 deadline for that ...

The ByteDance logo is seen at the company's office in Shanghai, China July 4, 2023. REUTERS/Aly Song/File Photo MOSCOW, Jan 22 (Bernama-Sputnik/RIA Novosti) - Chinese company ByteDance, the owner of ...

BEIJING (Reuters) -ByteDance, the Chinese owner of TikTok, has earmarked over 150 billion yuan ($20.64 billion) in capital expenditure for this year, much of which will be centred on artificial ...

Every Wednesday and Friday, TechNode’s Briefing newsletter delivers a roundup of the most important news in China tech, straight to your inbox. Sign up ByteDance has launched its first overseas micro ...

While SpaceX is the most valuable private company in the world, the funding round could push OpenAI up to second spot alongside Chinese tech giant ByteDance. OpenAI currently ranks as the third ...

An executive from Chinese social media giant ByteDance played down the role of its content-recommendation algorithms in creating so-called filter bubbles, as the company faces intense scrutiny ...

ByteDance, the Chinese owner of TikTok, has earmarked over 150 billion yuan ($20.64 billion) in capital expenditure for this year, much of which will be centred on artificial intelligence, two ...

TikTok has had a wild start to 2025. The app was banned in the United States, went dark, then came back online. New users can't download it, since the app hasn't returned to U.S. app stores, but ...