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AI, ByteDance
Exclusive: ByteDance plans $20 billion capex in 2025, mostly on AI, sources say
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 people briefed on the matter said.
ByteDance plans US$20 billion capex in 2025, mostly on AI: sources
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 briefed on the matter said.
ByteDance plans to invest $12bn in AI infrastructure
The development comes as the Beijing-based company faces pressure from the US government to sell its social media app TikTok.
ByteDance plans US$20bil capex in 2025, mostly on AI, sources say
BEIJING: 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 people briefed on the matter said.
ByteDance to invest $12 billion in AI infrastructure by 2025- FT
ByteDance, the parent company of TikTok, plans to invest over $12 billion in artificial intelligence (AI) infrastructure by 2025, according to the Financial Times. This strategic move comes amidst pressure from Washington for the Chinese firm to sell its popular video-sharing app in the United States.
18h
ByteDance releases new AI reasoning model in a bid to challenge OpenAI
ByteDance released Doubao-1.5-pro, an upgrade to its flagship AI model, which it claims outperforms OpenAI's o1 in AIME.
20h
on MSN
ByteDance director Bill Ford says deal coming to save TikTok in the U.S.
WASHINGTON – General Atlantic CEO Bill Ford said on Wednesday that a deal would get done to save TikTok in the U.S. after ...
19h
on MSN
ByteDance director confident TikTok deal will get done, sees options to avoid an outright sale
Bill Ford, the CEO of ByteDance shareholder General Atlantic, said Wednesday he was confident that a deal will be reached to ...
18h
on MSN
CapCut ban update: ByteDance video editor is back for U.S. users, but it’s still not in Apple and Google app stores
The popular video-editing tool had remained dark for much of the day on Monday even after TikTok returned in the wake of ...
newsbytesapp.com
1h
ByteDance to invest over $20B in AI development this year
ByteDance, the Chinese tech giant behind TikTok, has set aside over 150 billion yuan ($20.64 billion) for capital expenditure ...
7h
ByteDance’s UI-TARS can take over your computer, outperforms GPT-4o and Claude
UI-TARS understands graphical user interfaces (GUIs), applies reasoning and takes autonomous, step-by-step action.
2d
on MSN
RIP TikTok. Long live TikTok: A look at the ByteDance app following its flurry of fortunes
TikTok's influence has been greater than its seemingly short-lived demise. The ByteDance-owned app returns after going dark ...
2d
on MSN
ByteDance’s Apps: Capcut, Lemon 8 & More Aside From TikTok
TikTok was banned and restored within the same weekend. Find out what other apps owned by ByteDance, are in limbo below.
7d
on MSN
TikTok owner ByteDance powered an e-reader’s unhinged AI assistant
But the model is only meant to be used within China’s mainland, a ByteDance spokesperson told TechCrunch. The e-reader’s ...
1d
TikTok owner ByteDance, DeepSeek lead Chinese push in AI reasoning
TikTok owner ByteDance on Wednesday released an update to its flagship AI model as a global race intensified to create AI ...
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