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 ...

Another day in the music industry, another update on the possible futures for TikTok in the US. ByteDance board member Bill Ford told Bloomberg Television that the company is seeking alternatives to a ...

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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 said: "the anonymously sourced information about our spending is incorrect." It didn't elaborate. Nvidia declined to comment. Huawei and Cambricon did not immediately respond to requests ...

Every Wednesday and Friday, TechNode’s Briefing newsletter delivers a roundup of the most important news in China tech, straight to your inbox. Every Wednesday and Friday, TechNode’s Briefing ...

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 $12 billion on AI in 2025, the Financial Times reported on Tuesday, citing ...