SoftBank and OpenAI will invest $19 billion each, while the other joint venture members, Oracle and MGX, will invest $7 ...
The development comes as the Beijing-based company faces pressure from the US government to sell its social media app TikTok.
TikTok owner ByteDance plans to spend more than $12bn on artificial intelligence infrastructure this year, betting on the ...
Merchant payments player BharatPe is set to become a full-stack financial services platform. This and more in todays ETtech ...
Start-ups with Chinese ties have found it increasingly difficult to do business and list shares in the United States.
Shein’s reported plan to list in London as soon as April could face a new hurdle after British regulators grilled the company about its cotton sourcing Controversy about its business practices and riv ...
"Chinese social media app Xiaohongshu shareholders to sell stake" was originally created and published by Verdict, a ...
Policy & Regulationcategory TikTok owner ByteDance plans to spend $12 bln on AI chips in 2025, FT reports 2:18 AM UTC ...
The social video platform's future remains in doubt, as players scramble to profit from the chaos. Plus: Big oil gets bigger, ...
The Chinese social media app RedNote has surged in popularity, with over half a million TikTok users joining the platform ...