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 ...
BYTEDANCE is placing a big bet on artificial intelligence (AI) infrastructure as the TikTok parent plans to spend more than US$12 billion on AI in 2025, the Financial Times reported on Tuesday, citing ...
(Reuters) -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 ...
(Reuters) - TikTok owner ByteDance plans to spend more than $12 billion on artificial intelligence infrastructure this year, betting on the cutting-edge technology for new growth, the Financial Times ...
Trump’s executive order paused the enforcement of a bipartisan law passed by Congress last year that required ByteDance to sell TikTok’s U.S. assets by Sunday for the app to continue ...
Sunday is the deadline for TikTok's Beijing-based parent company, ByteDance, to sell its U.S. assets or allow the app to face a nationwide ban unless the Supreme Court moves to block it.