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ByteDance to invest $12 billion in AI infrastructure
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 plans to invest $12bn in AI infrastructure
The development comes as the Beijing-based company faces pressure from the US government to sell its social media app TikTok.
ByteDance to invest $12 billion in AI infrastructure by 2025- FT
ByteDance, the parent company of TikTok, plans to invest over $12 billion in artificial intelligence (AI) infrastructure by 2025, according to the Financial Times. This strategic move comes amidst pressure from Washington for the Chinese firm to sell its popular video-sharing app in the United States.
ByteDance plans $20 billion capex in 2025, mostly on AI, sources say
BEIJING, Jan 23 (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 intelligence, two people briefed on the matter said.
TikTok, Trump and ByteDance
ByteDance board member confident deal to save TikTok in US will be reached soon
General Atlantic CEO and ByteDance board member Bill Ford said Wednesday that he believes TikTok will soon reach a deal to remain in the U.S. “It’s in everybody’s interest,” Ford said
Trump can save TikTok without forcing a sale, ByteDance board member claims
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 shut down or sold to a non-foreign adversary.
Trump delays TikTok ban, floats U.S. stake in sale
President Trump has paused the federal ban on TikTok for 75 days, giving ByteDance, the app's China-based owner, time to sell its U.S. assets. In a bold proposal, Trump suggested that a future buyer give the United States a 50% ownership stake in a joint venture.
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TikTok owner ByteDance, DeepSeek lead Chinese push in AI reasoning
TikTok owner ByteDance on Wednesday released an update to its flagship AI model as a global race intensified to create AI ...
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ByteDance releases new AI reasoning model in a bid to challenge OpenAI
ByteDance released Doubao-1.5-pro, an upgrade to its flagship AI model, which it claims outperforms OpenAI's o1 in AIME.
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on MSN
ByteDance director Bill Ford says deal coming to save TikTok in the U.S.
WASHINGTON – General Atlantic CEO Bill Ford said on Wednesday that a deal would get done to save TikTok in the U.S. after ...
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on MSN
ByteDance director confident TikTok deal will get done, sees options to avoid an outright sale
Bill Ford, the CEO of ByteDance shareholder General Atlantic, said Wednesday he was confident that a deal will be reached to ...
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on MSN
TikTok owner ByteDance asks expat employees to pay Chinese tax
TikTok parent ByteDance is asking Chinese employees at its Singapore headquarters to pay tax to their home country or risk ...
newsbytesapp.com
10h
ByteDance to invest over $20B in AI development this year
ByteDance, the Chinese tech giant behind TikTok, has set aside over 150 billion yuan ($20.64 billion) for capital expenditure ...
15h
ByteDance’s UI-TARS can take over your computer, outperforms GPT-4o and Claude
UI-TARS understands graphical user interfaces (GUIs), applies reasoning and takes autonomous, step-by-step action.
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on MSN
TikTok owner ByteDance plans to spend $12 billion on AI chips in 2025, FT reports
ByteDance is placing a big bet on artificial intelligence (AI) infrastructure as the TikTok parent plans to spend more than ...
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