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TikTok owner goes all-in on AI: ByteDance earmarks $20B for global expansion
ByteDance, the Chinese parent company of TikTok, has earmarked over 150 billion yuan ($20.64 billion) for capital expenditures in 2025, with a substantial portion of the funds being directed toward artificial intelligence,
OpenAI could be worth as much as TikTok owner Bytedance with SoftBank's latest investment
SoftBank's investment in OpenAI may position the company as the world's joint-second most valuable private tech firm after SpaceX.
OpenAI Negotiating $25 Billion SoftBank Investment Amid AI Market Boom
SoftBank is in talks to invest up to $25 billion in OpenAI, potentially becoming its largest backer. The deal is still under negotiation, according to a source who requested anonymity due to confidentiality.
10d
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 ...
2d
New Copyright Protection For AI, Plus New AI Models From Pica, Hailuo, And Bytedance
AI-assisted films qualify for protection if shaped by human creativity. Pika 2.1, Hailuo, and Bytedance launch new AI video tools.
GlobalData on MSN
11d
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.
11d
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 ...
4d
on MSN
DeepSeek has rattled the AI industry. Here’s a quick look at other Chinese AI models
The Chinese artificial intelligence firm DeepSeek has rattled markets with claims its latest AI model performs on a par with ...
Cryptopolitan on MSN
10d
ByteDance plans to pump $20bn capex mostly into AI as it defends its AI lead in China
Chinese ByteDance plans a $20 billion capital expenditure in 2025, mainly targeting AI as the tech giant seeks to defend its AI lead back home.
7d
on MSN
Perplexity AI revises Tiktok merger proposal that could give the U.S. government a 50% stake
A proposal document viewed by CNBC, which was shared with ByteDance and prospective new investors, detailed the creation of a ...
12d
ByteDance launches AI code editor based on Microsoft software as TikTok ban is delayed
ByteDance has launched an artificial intelligence (AI)-powered code editor in competition with American leaders like Cursor ...
devdiscourse
11d
ByteDance's Bold AI Investment
ByteDance, the owner of TikTok, plans to invest $12 billion in AI chip technology by 2025. This strategic move indicates the ...
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