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TikTok, ByteDance and AI

Hosted on MSN · 16h

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 owner ByteDance plans to spend $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 $12 billion on AI in 2025, the Financial Times reported on Tuesday, citing sources.

Seeking Alpha on MSN · 1d

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 pump $20bn capex mostly into AI

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

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 · 5h

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.

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.

1don MSN

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 ...

13hon MSN

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 soon will reach a deal to ...

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.

Business Times4h

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 ...

newsbytesapp.com15h

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, ...

1don MSN

ByteDance director Bill Ford says deal coming to save TikTok in the U.S.

WASHINGTON – General Atlantic CEO Bill Ford said on Wednesday that a deal would get done to save TikTok in the U.S. after ...

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.

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