Report: ByteDance sets aside about $20B for AI spending this year
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 ...
TikTok’s Possible Buyers, From Elon Musk to MrBeast
The app, which was set to be banned, now has a bit more time to find a home and address national security issues ...
TikTok is 'severely damaging' young people — unlike its Chinese equivalent, 'The Anxious Generation' author tells BI
Douyin, the Chinese equivalent of TikTok, is very different and "much more pro-social," NYU professor Jonathan Haidt told ...
TikTok owner goes all-in on AI: ByteDance earmarks $20B for global expansion
This significant investment demonstrates ByteDance's commitment to becoming a major player in the global AI landscape, even ...
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Trump dismisses concerns over TikTok's potential security risks
In his first interview since returning to the White House, President Donald Trump has played down the potential national ...