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 ...
Under the law, TikTok is afforded just 270 ... while alleging — contrary to Prelogar — that it and the parent companyByteDance can “absolutely resist any content manipulation by China.” ...