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TikTok, ByteDance and AI
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 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,
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.
TikTok Owner ByteDance Reportedly Plans To Spend $12 Billion on AI Chips in 2025
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.
ByteDance plans to invest $12bn in AI infrastructure
The development comes as the Beijing-based company faces pressure from the US government to sell its social media app TikTok.
ByteDance to invest $12 billion in AI infrastructure by 2025- FT
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.
EconoTimes
14h
ByteDance to Invest $12B in AI Infrastructure Amid U.S. Pressure
ByteDance, TikToks parent company, is reportedly gearing up for a $12 billion investment in artificial intelligence (AI) ...
devdiscourse
17h
ByteDance's $12 Billion Bet on AI: A New Era of Tech Innovation
ByteDance, the owner of TikTok, plans to invest over $12 billion in AI infrastructure in 2023. This strategic move aims to ...
1h
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 ...
Hosted on MSN
6h
ByteDance director says TikTok deal will get done
A 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 MSN
1d
Trump gives TikTok more time to sell off U.S. business
The executive order gives ByteDance 75 days to find a new owner for TikTok's stateside business; some raise concerns about ...
9h
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 ...
Hosted on MSN
8d
What is RedNote? Who owns it? What to know about the TikTok alternative
TikTok, owned by
ByteDance
, must sell the app by Jan. 19 ... with a value of over $17 billion, according to the
Financial
...
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