The development comes as the Beijing-based company faces pressure from the US government to sell its social media app TikTok.

ByteDance has launched an artificial intelligence (AI)-powered code editor in competition with American leaders like Cursor and Microsoft's Visual Studio Code, just after US President Donald Trump delayed the enforcement of a law requiring the company to divest TikTok.

According to the Financial Times, ByteDance is planning to invest over $12 billion in artificial intelligence infrastructure in 2025. Sources familiar

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.

ByteDance, the owner of TikTok, plans to invest $12 billion in AI chip technology by 2025. This strategic move indicates the company's commitment to advancing its technological infrastructure and enhancing its AI capabilities,

But the model is only meant to be used within China’s mainland, a ByteDance spokesperson told TechCrunch. The e-reader’s China-based manufacturer, Onyx International, which sells Boox e-readers in both China and to the U.

TikTok owner ByteDance has released upgrades to its large language model, which powers its AI chatbot, marking the social media giant's latest efforts to lead the global AI race. ByteDance's Doubao-1.5-Pro large language model demonstrated strong performance across global evaluation tests, the company said on its official WeChat account.

TikTok owner ByteDance plans to spend more than $12 billion on artificial intelligence infrastructure this year, betting on the cutting-edge technology for new growth, the Financial Times reported on Tuesday,

TikTok parent ByteDance has launched an updated version of Doubao, China’s most popular consumer-facing artificial intelligence (AI) app, as the tech giant accelerates AI development despite US export restrictions on advanced chips.

Donald Trump signed an executive order delaying the US ban on ByteDance's TikTok for 75 days, starting January 19.

HUL will also acquire the remaining 9.5% stake held by Minimalist founders Mohit and Rahul Yadav over the next two years. The founders are expected to oversee the business during this period. The deal will lead to a substantial payout for the founders, who held around 61% stake in the firm at the time of the acquisition.