TikTok-owner ByteDance is set to invest $614 million in developing a new data center in Datong, China. First reported by the South China Morning Post (SCMP), the company is looking to increase compute ...
ByteDance, the Chinese parent company of TikTok, has earmarked over 150 billion yuan ($20.64 billion) for capital ...
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 ...
Citing two people involved with the plan, the latest report from The Information claims ByteDance co-founder Zhang Yiming has held discussions with data center operators in regions including Southeast ...
The privately held technology giant plans to spend about half of the amount abroad on AI-related infrastructure, primarily data centres and networking equipment, they said. ByteDance said ...
ByteDance (BDNCE) is looking to spend over $12B on artificial intelligence infrastructure in 2025 and has allotted a budget ...
The U.S. Supreme Court ruled unanimously on Friday to uphold a federal law banning TikTok unless its China-based parent company, ByteDance, sells the app by Sunday. The court ruled that the ...
ByteDance's computing center project is located in Guangling county's Economic Development Zone Big Data Park in eastern Datong. Although not among the province's most economically developed areas ...
ByteDance's computing centre project is located in Guangling county's Economic Development Zone Big Data Park in eastern Datong. Although not among the province's most economically developed areas ...
The private equity firm holds a stake in ByteDance, TikTok’s parent firm. “We are optimistic we will find a solution,” Ford said, speaking at the World Economic Forum in Davos.