TikTok’s parent company ByteDance Ltd. has set aside 150 billion yuan ($20.64 billion) for its capital expenditure this year, and the bulk of that money will be spent on boosting its artificial ...

In 2023, smartphones-to-silicon conglomerate Huawei quietly released its flagship Mate 60 Pro handset. The launch, while muted, was worth celebrating in the People’s Republic: the device featured a ...

Despite the American government’s efforts to hold back China’s AI industry, two Chinese firms had reduced their American counterparts’ technological lead to a matter of weeks. It is not just with ...

Prosus NV, with $20 billion to invest, eyes European growth under CEO Bloisi, seeking AI and tech partnerships.

Naspers and Prosus NV Chief Executive Officer Fabricio Bloisi said the technology investor has close to $20 billion to spend ...

Prosus chief executive officer Fabricio Bloisi said the technology investor has close to $20 billion (R371 billion) to spend ...

ByteDance, the Chinese tech giant behind TikTok, has set aside over 150 billion yuan ($20.64 billion) for capital expenditure ...

An important question for 2025 will be whether investors continue to look further afield for growth, with market leadership ...

ByteDance, the Chinese owner of TikTok, has earmarked over 150 billion yuan ($20.64 billion) in capital expenditure for this ...

This significant investment demonstrates ByteDance's commitment to becoming a major player in the global AI landscape, even ...

Billionaire Larry Ellison’s backing of Stargate could help grease the wheels for the embattled merger between Paramount ...

"We actually no longer call it EV. We call it EIV. 'I' stands for intelligent," Pan Jian, a cochair of CATL, told a WEF panel ...