The bankers definitely want in despite this being a heavy lift because the fees on an estimated $20-plus billion deal could ...
according to a report by Chinese media outlet LatePost. The company did not immediately reply to a request for comment on Friday. According to ByteDance, Seed Edge will support five specific ...
Bill Ford, the CEO of ByteDance shareholder General Atlantic, said Wednesday he was confident that a deal will be reached to ...
Sources familiar with the matter revealed that ByteDance has allocated a budget of RMB 40 billion ($5.5 billion) to purchase AI chips in China by 2025, doubling its spending from last year.
TikTok parent ByteDance is asking Chinese employees at its Singapore headquarters to pay tax to their home country or risk ...
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 ...
TikTok owner ByteDance on Wednesday released an update to its flagship AI model aimed at challenging Microsoft-backed ...
President Donald Trump on Wednesday batted down the national security concerns surrounding TikTok, saying, “Is it that ...
ByteDance's resource-efficient AI development ... Despite US restrictions, Chinese companies continue to make strides in AI development. The Doubao 1.5 Pro release came days after DeepSeek and ...
ByteDance reportedly plans to double down on domestic AI chips following U.S restrictions. The Chinese tech giant, however, ...
Perplexity, an artificial intelligence search engine startup, has bid to merge with TikTok U.S. so the platform can avoid ...