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TikTok’s parent company ByteDance is valuing itself at about $300 billion, after it recently approached investors about a share buyback program, according to two people familiar with the matt… ...
TikTok owner ByteDance is previewing OmniHuman, a new AI model that experts say put them squarely in the running as multiple companies compete to create the most authentic looking images and video.
ByteDance, TikTok's parent company, has emerged as Nvidia's largest chip buyer in Asia, surpassing Alibaba and Baidu, as it aggressively invests in AI infrastructure and talent to dominate China's ...
Chinese-based ByteDance and its short-video app TikTok asked an appeals court Monday to temporarily block a law that would require parent company ByteDance to divest TikTok by January 19 or face a ...
Concern over how ByteDance uses data has driven lawmakers in Washington to try to force a sale of TikTok’s U.S. operations. On Friday, President Trump extended a looming deadline by 75 days into ...
ByteDance's release comes after Chinese AI startup DeepSeek rolled out an open-source reasoning model called DeepSeek-R1 on Monday that it said rivalled OpenAI's o1 on several performance benchmarks.