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 ...

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 ...

A longtime Google researcher has joined TikTok owner ByteDance to help lead the Chinese company’s artificial intelligence ...

Where can a Chinese buyer purchase top-end Nvidia AI ... ByteDance did not respond to requests for comment. Some of the vendors cautioned that fraud had become common with refurbished chips ...

Reports say OpenAI is almost finished with its in-house AI chip design and will begin mass production sometime in 2026, all ...

DeepSeek's innovative techniques, cost-efficient solutions and optimization strategies have forced established players to ...

Chip Somodevilla; Getty Images Perplexity AI has submitted a revised proposal to TikTok's parent company, ByteDance, under which the U.S. government could acquire up to a 50% stake in a new entity ...