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 ...
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 ...
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 ...
Perplexity AI may save TikTok with a merger that’s half owned by the US government
Perplexity AI search startup has a new proposal to merge with TikTok, which would give the US government a stake of up to 50% ...
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Bytedance Plans To Invest US$12 Bln In AI Infrastructure In 2025 - Reports
MOSCOW, Jan 22 (Bernama-Sputnik/RIA Novosti) - Chinese company ByteDance, the owner of the TikTok social media platform, plans to spend over US$12 billion on developing AI-related infrastructure in ...
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 ...
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, ...
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 ...
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TikTok owner ByteDance plans to spend $12 billion on AI chips in 2025, FT reports
(Reuters) -ByteDance is placing a big bet on artificial intelligence (AI) infrastructure as the TikTok parent plans to spend ...
Perplexity AI proposes TikTok merger with 50% ownership for US government
The revised plan reportedly includes provisions for the US government to receive stock in the new company once Perplexity AI ...
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ByteDance plans to invest $12bn in AI infrastructure
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.