TikTok owner ByteDance plans to spend $12 billion on artificial intelligence chips in 2025: Report
This move comes as the Chinese company faces pressure from Washington to sell its popular video-sharing app in the United ...
TikTok owner ByteDance plans to spend $12 bln on AI chips in 2025, FT reports
TikTok owner ByteDance plans to spend more than $12 billion on artificial intelligence infrastructure this year, betting on ...
EconoTimes2h
ByteDance to Invest $12B in AI Infrastructure Amid U.S. Pressure
ByteDance, TikToks parent company, is reportedly gearing up for a $12 billion investment in artificial intelligence (AI) ...
devdiscourse6h
ByteDance's $12 Billion Bet on AI: A New Era of Tech Innovation
ByteDance, the owner of TikTok, plans to invest over $12 billion in AI infrastructure in 2023. This strategic move aims to ...
U.S. Ban of TikTok Is Set to Deal a Major Blow to ByteDance, Its Chinese Owner
While TikTok remains hugely popular in Brazil, Indonesia and other markets, its 170 million users in the United States are ...
Looming TikTok ban poses financial nightmare for Google, Apple — and other American tech firms ties to China’s ByteDance
The looming TikTok ban presents a multibillion-dollar headache for app store operators Apple and Google – as well as other ...
Factbox-Why does the US want to ban TikTok? The allegations against it
A U.S. federal appeals court ruled in favor of upholding a law requiring Chinese-based ByteDance to divest its popular short ...
USA Today3d
Perplexity AI bids to merge with TikTok US amid looming ban, source says
U.S. search engine startup Perplexity AI submitted a bid on Saturday to TikTok's Chinese parent ByteDance for Perplexity to merge with TikTok U.S., a source familiar with the company's plans ...
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What is RedNote? Who owns it? What to know about the TikTok alternative
TikTok, owned by ByteDance, must sell the app by Jan. 19 ... with a value of over $17 billion, according to the Financial ...