ByteDance’s budget for purchases of AI chips overseas was previously reported by news outlet The Information. In response to the FT’s reporting, ByteDance said: “The anonymously sourced ...

ByteDance plans to spend 40 billion yuan ($5.50 billion) to acquire AI chips in China in 2025, the report said, adding that the company will invest about $6.8 billion overseas to ramp up its ...

for AI chip acquisitions within China, effectively doubling its expenditure from the previous year, reported the Financial Times, citing two people familiar with the plans. About 60% of ByteDance ...

TikTok’s $300 billion-valued parent company, ByteDance, is one of the world’s busiest AI developers. It plans to spend billions of dollars on AI chips this year, while its tec ...

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 ...

ByteDance, the tech giant behind TikTok, has introduced an artificial intelligence (AI) model that is gaining widespread ...

ByteDance said that, unlike some deepfake models that can animate only faces or upper bodies, its OmniHuman-1 could generate realistic full-body animations that sync gestures and facial expressions ...

(Reuters) -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 ...