Report: ByteDance sets aside about $20B for AI spending this year
TikTok’s parent company ByteDance Ltd. has set aside 150 billion yuan ($20.64 billion) for its capital expenditure this year, and the bulk of that money will be spent on boosting its artificial ...
ByteDance explores non-sale options for TikTok U.S., Bloomberg reports
ByteDance is exploring a deal that would keep TikTok running in the U.S. without selling its operations, Jack Sidders, Lisa Abramowicz, and ...
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ByteDance plans to pump $20bn capex mostly into AI as it defends its AI lead in China
Chinese ByteDance reportedly plans a $20 billion capital expenditure in 2025, mainly targeting AI as the tech giant seeks to defend its AI lead back home. Sources who spoke to Reuters revealed the ...
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TikTok drops ByteDance CDN in the US following brief shutdown
Kentik’s analysis shows that, prior to the shutdown, most TikTok traffic used ByteDance’s own CDN. Since it returned, all ...
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ByteDance outpaces Alibaba, Baidu: a deep dive into China's evolving AI chatbot market
ByteDance's Doubao has emerged as a leading contender in China's competitive AI chatbot landscape. In December 2024, Doubao ...