ByteDance plans to pump $20bn capex mostly into AI
Exclusive: ByteDance plans $20 billion capex in 2025, mostly on AI, sources say
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 people briefed on the matter said.
ByteDance's Doubao 1.5 Pro follows the success of the AI company DeepSeek, which surprised the global tech community by ...
A ByteDance board member said the company seeks to find an alternative to selling TikTok US while allaying national security ...
TikTok parent ByteDance has launched an updated version of Doubao, China's most popular consumer-facing artificial ...
Evan Feigenbaum of Carnegie Endowment for International Peace believes ByteDance and Chinese officials are unlikely to agree ...
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 ...
Chinese authorities appear to be softening their stance on the fate of TikTok, possibly paving the way for Beijing-based ...
TikTok is no longer available in the United States —at least for now. But it’s not the only ByteDance-owned app that’s ...
In his first few days back in office, President Trump is talking about TikTok entirely as a deal making exercise, dropping all of his previously expressed concerns about Chinese influence and American ...
Markets were cautiously optmistic after Trump took a lighter approach to China on Monday. That sentiment lasted a day.
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