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AI, TikTok and ByteDance
Is TikTok’s Parent Company Buying $12B Worth of AI Chips?
ByteDance reportedly plans to double down on domestic AI chips following U.S restrictions. The Chinese tech giant, however, says that's false.
TikTok owner ByteDance plans to spend $12bn on AI chips in 2025
TikTok owner ByteDance plans to spend more than $12bn on artificial intelligence infrastructure this year, betting on the cutting-edge technology for new growth while under pressure from Washington to sell its popular video-sharing app in the US.
TikTok owner goes all-in on AI: ByteDance earmarks $20B for global expansion
ByteDance, the Chinese parent company of TikTok, has earmarked over 150 billion yuan ($20.64 billion) for capital expenditures in 2025, with a substantial portion of the funds being directed toward artificial intelligence,
TikTok parent ByteDance sets aside $12B to spend on AI chips this year - FT
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 Financial Times reported Tuesday,
ByteDance plans to invest $12bn in AI infrastructure
The development comes as the Beijing-based company faces pressure from the US government to sell its social media app TikTok.
ByteDance to invest $12 billion in AI infrastructure by 2025- FT
ByteDance, the parent company of TikTok, plans to invest over $12 billion in artificial intelligence (AI) infrastructure by 2025, according to the Financial Times. This strategic move comes amidst pressure from Washington for the Chinese firm to sell its popular video-sharing app in the United States.
4d
on MSN
Perplexity AI bids to merge with TikTok US amid looming ban, source says
Search engine startup Perplexity AI submitted a bid on Saturday to TikTok's Chinese parent ByteDance for Perplexity to ...
4d
on MSN
Perplexity AI submits bid to merge with TikTok US
The search engine platform Perplexity AI submitted a bid to merge with TikTok on Saturday, a source familiar told The Hill.
1d
on MSN
TikTok owner ByteDance plans to spend US$12 billion on AI chips in 2025, FT reports
BYTEDANCE is placing a big bet on artificial intelligence (AI) infrastructure as the TikTok parent plans to spend more than ...
exchangewire.com
1d
Trump Signs TikTok Ban Delay and Repeals Executive Order on AI Safety; Social Platforms Sign EU Code of Conduct; Kantar Media to be Sold
Trump Signs TikTok Delay and Repeals Executive Order on AI Safety; Social Platforms Sign EU Code of Conduct; Kantar Media to ...
4d
on MSN
Perplexity AI makes a bid to merge with TikTok U.S.
Perplexity AI submitted a bid on Saturday to TikTok parent ByteDance, proposing that Perplexity merge with TikTok U.S., CNBC ...
2d
Perplexity AI's $50B Play to Steal TikTok from ByteDance: A Game-Changer for AI & Social Media
Perplexity AI proposes a high-stakes merger with TikTok U.S., eyeing dominance in AI-driven search and video content ...
news24online
4d
Tik ToK To Be Bought By Perplexity As A Last Resort ? Would Tik Tok Be Able To Make A Comeback?
Tik ToK To Be Bought By Preplexity AI Search Engine As A Last Resort- Here are all the details you should Know ...
4d
on MSN
Perplexity AI submits bid to merge with TikTok
With a TikTok ban looming in the United States, Perplexity AI is the latest bidder hoping to give the video app a new corporate home. CNBC first reported ...
The Rakyat Post on MSN
2d
Controversial AI TikTok Video At Batu Caves Angers Hindu Community
Dewan Himpunan Pendukung Pas (DHPP) condemned the action of a foreign tourist who used artificial intelligence (AI) ...
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