The investment highlights ByteDance focus on AI amid ongoing geopolitical tensions and ever-present regulatory scrutiny. ByteDance, the parent company of TikTok, is reportedly gearing up for an ...

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, the Chinese owner of TikTok, has earmarked over 150 billion yuan (S$27.9 billion) in capital expenditure for this year, much of which will be centred on artificial intelligence, two people ...

A major shareholder of ByteDance, the Beijing-based owner of TikTok, said Wednesday he was confident that a deal will be reached to ensure the video-sharing app stays online in the US — and ...

TikTok-parent ByteDance is reportedly gearing up to invest over $12 billion in artificial intelligence infrastructure by 2025. What Happened: The Beijing-based tech giant has allocated ...

TikTok parent ByteDance has launched an updated version of Doubao, China's most popular consumer-facing artificial intelligence (AI) app, as the tech giant accelerates AI development despite US ...

The software is distributed by ByteDance’s Singapore-based subsidiary Spring (SG) Pte, the company behind its Cici chatbot that launched in 2023. Like Cursor, Trae is a fork of Microsoft’s ...

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 ...

ByteDance has launched an artificial intelligence (AI)-powered code editor in competition with American leaders like Cursor and Microsoft's Visual Studio Code, just after US President Donald Trump ...

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