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AI, ByteDance
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
ByteDance plans $20 billion capex in 2025, mostly on AI
ByteDance: The main beneficiaries of the spending will be chipmakers Huawei Technologies and Cambricon Technologies plus US supplier Nvidia, the people said, declining to be identified as the information was confidential.
ByteDance plans $20 billion capex in 2025, mostly on AI, sources say
ByteDance plans to invest over $20.64 billion in capital expenditure this year, mainly focusing on artificial intelligence infrastructure such as data centers and networking equipment. This spending aims to bolster AI capabilities both domestically and internationally,
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.
ByteDance to invest $12 billion in AI infrastructure by 2025- FT
ByteDance, the parent company of TikTok, plans to invest over $12 billion in artificial intelligence (AI) infrastructure by 2025, according to the Financial Times. This strategic move comes amidst pressure from Washington for the Chinese firm to sell its popular video-sharing app in the United States.
4d
on MSN
Here’s What Happened When India Banned TikTok in 2020
Members of the City Youth Organization in Hyderabad hold posters in support of India's ban of TikTok in June 2020. Credit - ...
1d
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 ...
14h
TikTok Ban 2025: List of countries restricting the app, including China and India
As the debate around social media governance evolves with TikTok continuing to face criticism and restrictions, here's list ...
6d
on MSN
Will TikTok Ban in US Echo ByteDance App's Fate in India?
TikTok fans in the US are racing to secure alternatives and safeguard their digital empires ahead of a looming shutdown on ...
1d
on MSN
TikTok owner ByteDance plans to spend $12 billion on artificial intelligence chips in 2025: Report
This move comes as the Chinese company faces pressure from Washington to sell its popular video-sharing app in the United ...
ThePrint
2d
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 ...
4d
on MSN
How TikTok app may become 'Indian-American' from Chinese if this proposal goes through
Perplexity AI, a US-based search engine startup, proposes a merger with TikTok US, involving ByteDance's existing investors ...
Outlook Business
3d
From US to India: Why is TikTok Under Global Scrutiny
TikTok has around 170 million US users which generated a revenue of around $7bn for the company in 2024 and was estimated to ...
6d
TikTok ban looms in the US: Why India banned it 5 years ago, what happened then
TikTok faced a similar ban in India nearly five years ago, as it now does in the US. An executive order issued by then-US ...
Fiiber on MSN
3d
Meta to launch Edit, new video editing app that strikingly resembles one from TikTok-owner ByteDance
Meta is launching a new video editing app called Edit that will be available on both Android and iOS. Interestingly, the app ...
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