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AI, TikTok and ByteDance
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 $12 billion on AI in 2025, the Financial Times reported on Tuesday, citing sources.
TikTok owner goes all-in on AI: ByteDance earmarks $20B for global expansion
ByteDance, the Chinese parent company of TikTok, has earmarked over 150 billion yuan ($20.64 billion) for capital expenditures in 2025, with a substantial portion of the funds being directed toward artificial intelligence,
TikTok parent ByteDance sets aside $12B to spend on AI chips this year - FT
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,
1d
on MSN
TikTok owner ByteDance, DeepSeek lead Chinese push in AI reasoning
TikTok owner ByteDance on Wednesday released an update to its flagship AI model aimed at challenging Microsoft-backed ...
4d
on MSN
Perplexity AI bids to merge with TikTok US amid looming ban, source says
Search engine startup Perplexity AI submitted a bid on Saturday to TikTok's Chinese parent ByteDance for Perplexity to ...
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, ...
10h
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 ...
4d
on MSN
AI company Perplexity bids to merge with TikTok to avoid ban: report
Perplexity, an artificial intelligence search engine startup, has bid to merge with TikTok U.S. so the platform can avoid ...
1d
on MSN
Perplexity AI submits bid to merge with TikTok
With a TikTok ban looming in the United States, Perplexity AI is the latest bidder hoping to give the video app a new corporate home. CNBC first reported ...
1h
DeepSeek AI might be the best ChatGPT rival – here’s why you should stay away
DeepSeek might be one of the best alternatives to ChatGPT o1, but users should know the AI chatbot comes from China.
1d
on MSN
Trump unveils Stargate AI investment, says he's open to Musk buying TikTok
President Donald Trump announced Stargate, a $500 billion investment in AI infrastructure. His attention then turned to ...
2d
Trump issues flurry of orders on TikTok, DOGE, social media, AI, and energy
President Donald Trump's flurry of day-one actions included a reprieve for TikTok, the creation of a Department of Government ...
4d
Google Rival, Jeff Bezos-Backed Perplexity AI Seeks TikTok Merger
By merging with the U.S. arm of TikTok, Perplexity could emerge as a stronger search rival to Alphabet, a potential blow to ...
1d
MrBeast hints he'd buy TikTok. Who else could purchase the social media app?
Social media influencer MrBeast says he'd buy TikTok to keep it from being banned. Elon Musk reportedly is interested in ...
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