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.
TikTok, ByteDance
Evan Feigenbaum of Carnegie Endowment for International Peace believes ByteDance and Chinese officials are unlikely to agree ...
TikTok parent ByteDance has launched an updated version of Doubao, China's most popular consumer-facing artificial ...
TikTok owner ByteDance on Wednesday released an update to its flagship AI model as a global race intensified to create AI ...
ByteDance's Doubao has emerged as a leading contender in China's competitive AI chatbot landscape. In December 2024, Doubao ...
Chinese authorities appear to be softening their stance on the fate of TikTok, possibly paving the way for Beijing-based ...
TikTok is no longer available in the United States —at least for now. But it’s not the only ByteDance-owned app that’s ...
Potential TikTok buyers are lining up as President Trump and the Chinese government show heightened interest in striking a ...
Markets were cautiously optmistic after Trump took a lighter approach to China on Monday. That sentiment lasted a day.
ByteDance (BDNCE) is looking to spend over $12B on artificial intelligence infrastructure in 2025 and has allotted a budget ...
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