ByteDance plans to invest $12bn in AI infrastructure - Yahoo …
3 days ago · ByteDance is set to invest more than 87.2bn yuan ($12bn) in artificial intelligence (AI) infrastructure in 2025, aiming to leverage cutting-edge technology for growth, reported the Financial Times ...
Exclusive-ByteDance plans $20 billion capex in 2025, mostly on AI ...
2 days ago · 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 ...
ByteDance's $12B AI Gamble: The High-Stakes Battle for Tech …
3 days ago · ByteDance is going all in on AI, planning to pump over $12 billion into AI infrastructure in 2025. That includes $5.5 billion for AI chips in China and another $6.8 billion to build up its ...
Subscribe to read - Financial Times
3 days ago · FirstFT: ByteDance plans to spend $12bn on AI chips this year . Subscribe to unlock this article. Limited time offer Save 40% on Standard Digital. was $540 now $319 for your first year Make up ...
Chinese cloud giants bought more of Nvidia's flagship AI chips …
Dec 31, 2024 · Chinese cloud giants Tencent and TikTok’s parent company ByteDance were the major buyers of Nvidia 's flagship AI chips in 2024, coming second only to Microsoft, according to a report from Omdia...
ByteDance - statistics & facts | Statista
Nov 27, 2024 · ByteDance, the company behind TikTok’s viral video sensation, is one of the few Chinese tech giants that have managed to secure vast app users on a global scale.
ByteDance plans to sidestep U.S. sanctions by renting Nvidia …
Dec 31, 2024 · ByteDance to become one of the major renters of Nvidia's GPUs for AI in 2025 as it intends to spend some $7 billion on this, according to a report.
TikTok owner ByteDance taps TSMC to make its own AI GPUs to …
Sep 19, 2024 · According to news outlet The Information, ByteDance, the parent company of TikTok, is developing two AI GPUs that will enter mass production by 2026. TSMC will make both products.
TikTok, Tesla Show US-China Battle Over Data Is Just Beginning
Apr 29, 2024 · President Joe Biden last week signed legislation barring Chinese parent ByteDance Ltd ’s ownership of TikTok, a move aimed at preventing Beijing from accessing troves of data that the video...
TikTok-owner ByteDance takes lead in race to capitalise on AI in …
Dec 13, 2024 · TikTok-owner ByteDance has emerged as an early frontrunner in the race to capitalise on generative artificial intelligence in China, poaching top talent from local rivals and becoming Nvidia’s ...