SoftBank's investment in OpenAI may position the company as the world's joint-second most valuable private tech firm after ...

The Beijing-based company has budgeted Rmb40bn ($5.5bn) to acquire AI chips in China in 2025, said two people familiar with ...

ByteDance, the Chinese owner of TikTok, has earmarked over 150 billion yuan ($20.64 billion) in capital expenditure for this ...

The plan to save TikTok involves software company Oracle and a group of outside investors effectively taking control of the ...

Perplexity AI submitted a revised merger proposal to TikTok’s Chinese parent ByteDance as the popular video-sharing app stares down a national ban, according to multiple reports. Under the new ...

Chinese ByteDance plans a $20 billion capital expenditure in 2025, mainly targeting AI as the tech giant seeks to defend its AI lead back home.

Last year, Congress passed a law that forces TikTok’s parent company, ByteDance, to sell its U.S. operation, or face a nationwide ban. They say ByteDance’s ties to China is a national security ...

TikTok parent company ByteDance wants the court to halt a bipartisan law that would require the company to sell the social video platform to a U.S. company. The law set a Jan. 19 deadline for that ...

TikTok is considering alternative solutions to selling its US business, as owner ByteDance continues the fight to keep its ...

[Photo: AP Photo/Richard Drew, File] Like its popular relation, Lemon8 is owned by China-based ByteDance, whose collection of internationally available apps also includes the video editing app ...

The developments in AI reasoning by ByteDance, DeepSeek and others is likely to challenge the market share of OpenAI and other large language models in terms of both performance metrics and fees ...