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 ...
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’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'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 ...