TikTok, ByteDance and AI
ByteDance Denies TikTok Owner Plans to Invest USD12 Billion in AI Infrastructure in 2025
(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.
GlobalData on MSN8h
ByteDance plans to invest $12bn in AI infrastructureThe development comes as the Beijing-based company faces pressure from the US government to sell its social media app TikTok.
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 ...
ByteDance, TikToks parent company, is reportedly gearing up for a $12 billion investment in artificial intelligence (AI) ...
Bill Ford, the CEO of ByteDance shareholder General Atlantic, said Wednesday he was confident that a deal will be reached to ...
ByteDance, the owner of TikTok, plans to invest over $12 billion in AI infrastructure in 2023. This strategic move aims to ...
Hosted on MSN5h
ByteDance director says TikTok deal will get doneA deal will get done to ensure that TikTok remains available in the U.S., General Atlantic CEO Bill Ford told Axios during an ...
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 ...
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