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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 $20 billion capex in 2025, mostly on AI
ByteDance: The main beneficiaries of the spending will be chipmakers Huawei Technologies and Cambricon Technologies plus US supplier Nvidia, the people said, declining to be identified as the information was confidential.
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 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.
1d
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.
1d
on MSN
TikTok owner ByteDance plans to spend $12 billion on AI chips in 2025, FT reports
ByteDance is placing a big bet on artificial intelligence (AI) infrastructure as the TikTok parent plans to spend more than ...
newsbytesapp.com
7h
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 ...
decrypt
16h
Is TikTok’s Parent Company Buying $12B Worth of AI Chips?
ByteDance reportedly plans to double down on domestic AI chips following U.S restrictions. The Chinese tech giant, however, ...
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 ...
2d
ByteDance launches AI code editor based on Microsoft software as TikTok ban is delayed
ByteDance has launched an artificial intelligence (AI)-powered code editor in competition with American leaders like Cursor ...
Computing
6h
ByteDance reportedly looking to invest $12bn globally into AI infrastructure
The investment highlights ByteDance focus on AI amid ongoing geopolitical tensions and ever-present regulatory scrutiny.
3h
ByteDance’s $12 Billion Investment in AI Infrastructure by 2025
ByteDance, the parent company of TikTok, is reportedly preparing to invest more than $12 billion in artificial intelligence infrastructure by the year 2025. According to a report from the Financial ...
1d
China's most popular AI app gets facelift with ByteDance's Doubao 1.5
TikTok parent ByteDance has launched an updated version of Doubao, China's most popular consumer-facing artificial ...
13h
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.
31m
Why is TikTok still not back on Google, Apple app stores in US and when will it be back | All you need to know
TikTok was banned in the US due to national security concerns over its Chinese ownership, prompting federal action requiring ...
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