Social-media giant ByteDance, China's most valuable unicorn, on Thursday unveiled its Seed Edge initiative, a long-term ...
The Beijing-based company has budgeted Rmb40bn ($5.5bn) to acquire AI chips in China in 2025, said two people familiar with ...
The high-profile names who could potentially buy TikTok following the Supreme Court's decision to uphold the law banning the ...
President Donald Trump had recently expressed his support in SpaceX and Tesla CEO Elon Musk or Oracle CEO Larry Ellison ...
While TikTok remains hugely popular in Brazil, Indonesia and other markets, its 170 million users in the United States are ...
TikTok is one of more than 100 apps developed in the past decade by ByteDance, a technology firm founded in 2012 by Chinese ...
ByteDance employees and the company’s founder, Zhang Yiming, also each have a 20% stake. The technology company has not ...
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According to the Financial Times, ByteDance is planning to invest over $12 billion in artificial intelligence infrastructure ...
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 ...
ByteDance is devising plans to invest $7bn in cloud-based graphics processing units (GPUs) to circumvent US restrictions on exporting advanced chips to China, The Information reported citing sources.