SpaceX's valuation is around $350 billion after the Elon Musk-owned company agreed to buy back $1.25 billion worth of stock at $185 a share in December. ByteDance, the parent company of TikTok ...

ByteDance plans to splurge more than US$12 billion on AI infrastructure this year, of which RMB40 billion (US$5.5 billion) ...

ByteDance is going all in on AI, planning to pump over $12 billion into AI infrastructure in 2025. That includes $5.5 billion for AI chips in China and another $6.8 billion to build up its ...

This significant investment demonstrates ByteDance's commitment to becoming a major player in the global AI landscape, even ...

ByteDance’s substantial shareholder General Atlantic had its CEO Bilford said he was confident that an agreement can be ...

Perplexity AI has presented a new proposal to TikTok’s parent company that would allow the U.S. government to own up to 50% ...

Perplexity AI has submitted an offer to ByteDance (BDNCE) to merge with TikTok U.S., a source familiar with the matter told ...

ByteDance. Range Intelligent’s stock rose 105% in 2024, giving Zhou a net worth of $7.7 billion, according to the Bloomberg Billionaires Index, which is valuing her for the first time.

TikTok owner ByteDance has released upgrades to its large language model, which powers its AI chatbot, marking the social media giant's latest efforts to lead the global AI race. ByteDance's ...