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ByteDance earmarks $20B for global expansion

Hosted on MSN · 1d

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

ByteDance is placing a big bet on artificial intelligence (AI) infrastructure as the TikTok parent plans to spend more than $12 billion on AI in 2025, the Financial Times reported on Tuesday, citing sources.

TechCrunch on MSN · 8d

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 China-based manufacturer, Onyx International, which sells Boox e-readers in both China and to the U.

invezz on MSN · 16h

TikTok owner goes all-in on AI: ByteDance earmarks $20B for global expansion

ByteDance, the Chinese parent company of TikTok, has earmarked over 150 billion yuan ($20.64 billion) for capital expenditures in 2025, with a substantial portion of the funds being directed toward artificial intelligence,

Seeking Alpha on MSN · 1d

TikTok parent ByteDance sets aside $12B to spend on AI chips this year - FT

Beijing-based ByteDance (BDNCE) is looking to spend over $12B on artificial intelligence infrastructure in 2025 and has allotted a budget of RMB 40B ($5.5B) to acquire AI chips in China this year, the Financial Times reported Tuesday,

TikTok, ByteDance

New York Post on MSN · 1d

ByteDance director confident TikTok deal will get done, sees options to avoid an outright sale

Bill Ford, the CEO of ByteDance shareholder General Atlantic, said Wednesday he was confident that a deal will be reached to ensure TikTok stays online in the US — and suggested there may be

Ars Technica · 11h

Trump can save TikTok without forcing a sale, ByteDance board member claims

TikTok owner ByteDance is reportedly still searching for non-sale options to stay in the US after the Supreme Court upheld a national security law requiring that TikTok's US operations either be shut down or sold to a non-foreign adversary.

USA TODAY on MSN · 1d

ByteDance director Bill Ford says deal coming to save TikTok in the U.S.

General Atlantic CEO Bill Ford said on Wednesday that a deal would get done to save TikTok in the U.S. after President Donald Trump signed an executive order that halted a ban on the app for 75 days.

1don MSN

TikTok owner ByteDance asks expat employees to pay Chinese tax

TikTok parent ByteDance is asking Chinese employees at its Singapore headquarters to pay tax to their home country or risk ...

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 ...

6d

U.S. Ban of TikTok Is Set to Deal a Major Blow to ByteDance, Its Chinese Owner

While TikTok remains hugely popular in Brazil, Indonesia and other markets, its 170 million users in the United States are ...

1don MSN

TikTok’s parent company is in active discussions about a deal, board member says

A board member at TikTok’s parent company said that a deal to save the app from disappearing in the United States will be ...

17h

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 ...

10hon MSN

With Trump’s TikTok extension, new potential U.S. buyers emerge

YouTuber MrBeast, X owner Elon Musk and Oracle Chairman Larry Ellison are names that have floated around in the past week.

1don MSN

Could MrBeast Become Part-Owner of TikTok? Offers and Speculation Swirl After Trump Vows to Broker Deal to ‘Save’ App From Ban

Will TikTok find a U.S. buyer to remain legal? After Trump vowed to make a deal to save the app, MrBeast has emerged as part ...

Cryptopolitan on MSN4h

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

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.

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