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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,
TikTok, ByteDance and Trump
Davos 2025: Trump may create US sovereign fund to snap up TikTok from ByteDance: sources
The bankers definitely want in despite this being a heavy lift because the fees on an estimated $20-plus billion deal could be pretty rich.
Trump can save TikTok without forcing a sale, ByteDance board member claims
TikTok owner ByteDance is reportedly still searching for non-sale options to stay in the US after the Supreme Court upheld a national security law requiring that TikTok's US operations either be shut down or sold to a non-foreign adversary.
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 President Donald Trump signed an executive order that halted a ban on the app for 75 days.
2h
on MSN
Who Might Buy TikTok? From MrBeast to Elon Musk, Here Are the Top Contenders
Content creator Jimmy Donaldson, known on the Internet as MrBeast, has made it clear he is interested in buying TikTok.
4h
on MSN
Can't download TikTok? Here's why the app is still unavailable despite Trump's order
The TikTok app is still not available in Google Play or the iPhone App Store despite Trump's order halting the ban. Here's ...
4d
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 ...
2h
on MSN
Why can't I download TikTok? Why yours isn't loading and what you can do
TikTok went from banned to back online in a day, but the experience isn't what it used to be. Here's how to troubleshoot ...
2d
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 ...
2d
on MSN
TikTok owner ByteDance asks expat employees to pay Chinese tax
TikTok parent ByteDance is asking Chinese employees at its Singapore headquarters to pay tax to their home country or risk ...
17h
TikTok weighs non-sale options, ByteDance’s Ford says
NEW YORK – ByteDance is exploring a deal to keep TikTok running in the US without selling its operations there, according to board member Bill Ford.
11h
on MSN
People are hawking used iPhones with TikTok pre-installed at astronomical prices on eBay and Facebook Marketplace
Business Insider's scan of platforms like eBay and Facebook Marketplace showed hundreds of listings touting phones with ...
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