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 ...

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

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 ...

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 ...

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 ...

TikTok parent company ByteDance has big plans to buy Nvidia chips in 2025 — despite U.S. restrictions. ByteDance plans to spend $7 billion on the chips in 2025, according to reporting from The ...

TikTok owner ByteDance is reportedly still searching for non-sale options to stay in the US after the Supreme Court upheld a national security law requiring that TikTok's US operations either be ...

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 ...

NEW YORK (Reuters) -Disappointment, denial and confusion flooded U.S. TikTok on Wednesday upon hearing the news that Chinese owner ByteDance planned ... signaling that white flag is very ...

Operating under the Beijing-based firm’s Doubao AI model team, Seed Edge will focus on “exploring innovative paths” to artificial general intelligence (AGI) – software with humanlike ...

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 ...

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 ...