The development comes as the Beijing-based company faces pressure from the US government to sell its social media app TikTok.

TikTok owner ByteDance plans to spend more than $12bn on artificial intelligence infrastructure this year, betting on the ...

The privately held technology giant plans to spend about half of the amount abroad on AI-related infrastructure, primarily data centres and networking equipment ...

BYTEDANCE is exploring a deal to keep TikTok running in the US without selling its operations there, according to board ...

ByteDance (BDNCE) board member Bill Ford said the TikTok parent is exploring a deal to keep the short video app running in America without selling its operations there.

TikTok got a short reprieve to make a deal. Project Stargate, a $500B AI plan from OpenAI, Oracle, and Softbank, pushes Musk, Microsoft, aside. Google buys HTC VR tech.

But it’s not the only ByteDance-owned app that’s currently ... with the US president-elect indicating that he plans to extend the deadline for a sale of TikTok by 90 days.

Several parties have expressed interest in buying the platform, but ByteDance has repeatedly said it does not plan to sell. Experts have also noted the Chinese government is unlikely to approve a ...