ByteDance, AI
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FirstFT: ByteDance plans to spend $12bn on AI chips this year
ByteDance plans to invest $12bn in AI infrastructure
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.
Beijing-based ByteDance (BDNCE) is looking to spend over $12B on artificial intelligence infrastructure in 2025 and has allotted a budget of RMB 40B ($5.5B) to acquire AI chips in China this year, the Financial Times reported Tuesday,
ByteDance, TikToks parent company, is reportedly gearing up for a $12 billion investment in artificial intelligence (AI) infrastructure in 2025, according to the Financial Times. This strategic move follows U.
(Yicai) Jan. 22 -- A ByteDance company representative has rebutted a report that the Chinese owner of TikTok plans to make an over USD12 billion investment in infrastructure for artificial intelligence this year.
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 sources.
ByteDance, the owner of TikTok, plans to invest over $12 billion in AI infrastructure in 2023. This strategic move aims to capitalize on advanced technology for growth, amid mounting U.S. pressure to sell its app.
The Desk on MSN1d
Trump gives TikTok more time to sell off U.S. businessThe executive order gives ByteDance 75 days to find a new owner for TikTok's stateside business; some raise concerns about Trump's legal ability to issue a moratorium on a law already in effect.
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 sources.
4hon MSN
Bill Ford, the CEO of ByteDance shareholder General Atlantic, said Wednesday he was confident that a deal will be reached to ensure TikTok stays online in the US — and suggested there may be
A U.S. federal appeals court ruled in favor of upholding a law requiring Chinese-based ByteDance to divest its popular short video app TikTok in the United States by early next year or face a ban. President-elect Donald Trump has said he will not allow TikTok,
TikTok, owned by ByteDance, must sell the app by Jan. 19 ... with a value of over $17 billion, according to the Financial Times. Known as Xiaohongshu, which translates to “little red book,” RedNote features a layout similar to Pinterest and is often ...
Short-form video app says it is ‘fortunate’ that Donald Trump has ‘indicated he will work with us on a solution’
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