Bytedance Companies - Search News

ByteDance plans to pump $20bn capex mostly into AI

GlobalData on MSN · 1d

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.

Reuters on MSN · 4h

ByteDance plans $20 billion capex in 2025, mostly on AI, sources say

BEIJING, Jan 23 (Reuters) - ByteDance, the Chinese owner of TikTok, has earmarked over 150 billion yuan ($20.64 billion) in capital expenditure for this year, much of which will be centred on artificial intelligence, two people briefed on the matter said.

Hosted on MSN · 2h

ByteDance plans to pump $20bn capex mostly into AI as it defends its AI lead in China

Chinese ByteDance reportedly plans a $20 billion capital expenditure in 2025, mainly targeting AI as the tech giant seeks to defend its AI lead back home. Sources who spoke to Reuters revealed the TikTok owner will pump a significant chunk of the total money (150 billion yuan or $20 billion) abroad into AI infrastructure development.

TikTok, ByteDance

New York Post on MSN · 1d

ByteDance director confident TikTok deal will get done, sees options to avoid an outright sale

Bill Ford, the CEO of ByteDance shareholder General Atlantic, said Wednesday he was confident that a deal will be reached to ensure TikTok stays online in the US — and suggested there may be

The Hill on MSN · 9h

ByteDance board member confident deal to save TikTok in US will be reached soon

General Atlantic CEO and ByteDance board member Bill Ford said Wednesday that he believes TikTok will soon reach a deal to remain in the U.S. “It’s in everybody’s interest,” Ford said

Business Times · 1h

Tiktok weighs non-sale options, ByteDance’s Bill Ford says

BYTEDANCE is exploring a deal to keep TikTok running in the US without selling its operations there, according to board member Bill Ford. Read more at The Business Times.

13hon MSN

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 ...

4don MSN

These Billionaires, Companies And Investors—Elon Musk, Kevin O’Leary And More—Could Buy TikTok As Ban Starts

ByteDance, TikTok’s parent company, is required to sell the app to a U.S.-based buyer or face a nationwide ban.

newsbytesapp.com12h

ByteDance to invest over $20B in AI development this year

ByteDance, the Chinese tech giant behind TikTok, has set aside over 150 billion yuan ($20.64 billion) for capital expenditure ...

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, ...

5don MSN

AI company Perplexity bids to merge with TikTok to avoid ban: report

Perplexity, an artificial intelligence search engine startup, has bid to merge with TikTok U.S. so the platform can avoid ...

1d

ByteDance releases new AI reasoning model in a bid to challenge OpenAI

ByteDance released Doubao-1.5-pro, an upgrade to its flagship AI model, which it claims outperforms OpenAI's o1 in AIME.

6don MSN

All the Apps ByteDance Operates in the US

TikTok, owned by ByteDance, is on the verge of being banned in the United States. The thing is, the government could go after ...

2d

ByteDance launches AI code editor based on Microsoft software as TikTok ban is delayed

ByteDance has launched an artificial intelligence (AI)-powered code editor in competition with American leaders like Cursor ...

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