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 ...

This significant move highlights the company’s focus on AI amid ongoing geopolitical tensions and regulatory scrutiny. Approximately 60% of ByteDance’s domestic chip orders will reportedly be ...

Even with the regulatory squeeze, ByteDance isn't slowing down. It's expanding AI capacity in Southeast Asia, particularly Malaysia, to sidestep chip restrictions. The U.S. just closed a loophole ...

ByteDance released Doubao-1.5-pro, an upgrade to its flagship AI model, which it claims outperforms OpenAI’s o1 in AIME. FILE PHOTO: AI (Artificial Intelligence) letters and robot hand are ...

A large language model (LLM) made by TikTok’s parent company ByteDance was used by an e-reader called Boox, according to screenshots about the AI shared on Reddit. When asked questions about ...

U.S. search engine startup Perplexity AI submitted a bid on Saturday to TikTok's Chinese parent ByteDance for Perplexity to merge with TikTok U.S., a source familiar with the company's plans ...

Reuters added that the main beneficiaries of ByteDance’s spending will include Nvidia Corp., which manufactures the powerful graphics processing units that drive many of the most advanced AI ...

BEIJING (Reuters) - TikTok owner ByteDance on Wednesday released an update to its flagship AI model aimed at challenging Microsoft-backed OpenAI’s latest reasoning model products, as a global ...

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 ...

However, some of its other chip businesses are at cyclical troughs, while it has a pretty large opportunity in front of it with customer AI chips. The Motley Fool Stock Advisor analyst team just ...