Bytedance AI Technology

ByteDance plans to pump $20bn capex mostly into AI

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 year, much of which will be centred on artificial intelligence, two people briefed on the matter said.

Cryptopolitan on MSN · 5h

ByteDance plans to pump $20bn capex mostly into AI as it defends its AI lead in China

Chinese ByteDance reportedly plans a $20 billion capital expenditure in 2025, mainly targeting AI as the tech giant seeks to defend its AI lead back home. Sources who spoke to Reuters revealed the TikTok owner will pump a significant chunk of the total money (150 billion yuan or $20 billion) abroad into AI infrastructure development.

GlobalData on MSN · 1d

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.

devdiscourse2d

ByteDance's $12 Billion Bet on AI: A New Era of Tech Innovation

ByteDance, the owner of TikTok, plans to invest over $12 billion in AI infrastructure in 2023. This strategic move aims to ...

2don MSN

TikTok owner ByteDance plans to spend $12 billion on AI chips in 2025, FT reports

TikTok owner ByteDance plans to spend more than $12 billion on artificial intelligence infrastructure this year, betting on ...

8don MSN

TikTok owner ByteDance powered an e-reader’s unhinged AI assistant

But the model is only meant to be used within China’s mainland, a ByteDance spokesperson told TechCrunch. The e-reader’s ...

devdiscourse2d

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 ...

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 ...

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 ...

5don MSN

AI company Perplexity bids to merge with TikTok to avoid ban: report

Perplexity, an artificial intelligence search engine startup, has bid to merge with TikTok U.S. so the platform can avoid ...

ByteDance Unveils Upgraded Model Behind Its AI Chatbot

TikTok owner ByteDance has released upgrades to its large language model, which powers its AI chatbot, marking the social media giant's latest efforts to lead the global AI race. ByteDance's ...

VN Express2d

ByteDance’s AI boom propels China’s Zhou into world’s richest list

Chinese entrepreneur Zhou Chaonan has joined the list of the world’s 500 richest people, driven by TikTok owner ByteDance’s ...

The Edge Singapore8d

ByteDance’s AI makes Chinese tycoon one of Asia’s richest women

Zhou Chaonan, 64, is the founder of data centre operator Range Intelligent Computing Technology Group. Range Intelligent’s ...

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