The Information earlier reported ByteDance’s revenue. ByteDance, founded in 2012 by the entrepreneur Zhang Yiming and others, is backed by U.S. investors including Susquehanna Capital ...
ByteDance’s CapCut head exits as the company redefines its strategy, prioritizing AI-driven innovation like the Dreamina platform. Zhang Xiaoran has left her position as head of ByteDance’s CapCut, ...
TikTok owner ByteDance was China’s biggest investor in technologies including artificial intelligence (AI) in 2024, with its outlay almost matching the combined spending of rivals Baidu, Alibaba ...
The effort, led by co-founder Zhang Yiming, would make ByteDance one of the world’s biggest consumers of such hardware. • ByteDance is talking to data center operators about accessing Nvidia Blackwell ...
Beijing-based ByteDance, founded by Chinese entrepreneur Zhang Yiming, invested an estimated 80 billion yuan (US$11 billion) on capital expenditure during the year - including AI - while Baidu ...
TikTok is no longer available in the United States—at least for now. But it’s not the only ByteDance-owned app that’s currently blocked for US-based users. Shortly before the federally ...
The sources said ByteDance founder Zhang Yiming is personally negotiating with data center operators across Southeast Asia and the Middle East, trying to secure access to Nvidia’s next ...