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TikTok, ByteDance and AI
TikTok owner ByteDance asks expat employees to pay Chinese tax
TikTok parent ByteDance is asking Chinese employees at its Singapore headquarters to pay tax to their home country or risk losing their ability to cash out on stock options, as Beijing steps up enforcement of its global tax scheme.
TikTok owner goes all-in on AI: ByteDance earmarks $20B for global expansion
This significant investment demonstrates ByteDance's commitment to becoming a major player in the global AI landscape, even as the company grapples with uncertainty surrounding TikTok's future in the United States.
TikTok owner ByteDance, DeepSeek lead Chinese push in AI reasoning
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 race intensified to create AI models capable of tackling complex problems.
ByteDance plans to pump $20bn capex mostly into AI
Exclusive-ByteDance Plans $20 Billion Capex in 2025, Mostly on AI, Sources Say
BEIJING (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.
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.
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.
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2d
Trump Puts TikTok Ban Enforcement On Hold. What's Next For Meta, Snap Stock?
President Donald Trump on Monday signed an executive order that put enforcement of the TikTok ban on hold for 75 days. The ...
4d
on MSN
Apple releases list of ByteDance apps it removed alongside TikTok after US shutdown
Apple said apps developed by ByteDance and its subsidiaries would no longer be available for download or updates on the US ...
2d
ByteDance Unveils Upgraded Model Behind Its AI Chatbot
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 ...
4d
on MSN
TikTok starts restoring service in the U.S. after shutting down over divest-or-ban law
President-elect Donald Trump vowed to issue an executive order on Monday to postpone the ban on TikTok from going into effect ...
4d
After A TikTok Ban, Is Gaming Overlord Tencent The Next Target?
The chaos of the TikTok ban is currently unfolding across the US with the app banned either temporarily or permanently ...
6d
on MSN
Why Tesla Stock Surged Today
Tesla (NASDAQ: TSLA) stock saw significant gains Friday thanks to multiple catalysts. The gains took place in conjunction ...
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