ByteDance, the Chinese owner of TikTok, has earmarked over 150 billion yuan ($20.64 billion) in capital expenditure for this ...
ByteDance, the parent company of TikTok, is reportedly preparing to invest more than $12 billion in artificial intelligence ...
ByteDance plans to invest over $20.64 billion in capital expenditure this year, mainly focusing on artificial intelligence ...
ByteDance: The main beneficiaries of the spending will be chipmakers Huawei Technologies and Cambricon Technologies plus US ...
ByteDance reportedly plans to double down on domestic AI chips following U.S restrictions. The Chinese tech giant, however, ...
ByteDance's Doubao 1.5 Pro follows the success of the AI company DeepSeek, which surprised the global tech community by ...
On Tuesday, the Financial Times reported ByteDance planned $12 billion for AI infrastructure. In December, The Information reported a plan for up to $7 billion to access Nvidia chips outside China ...
Cryptopolitan on MSN5d
ByteDance plans to pump $20bn capex mostly into AI as it defends its AI lead in ChinaChinese ByteDance plans a $20 billion capital expenditure in 2025, mainly targeting AI as the tech giant seeks to defend its AI lead back home.
reported the Financial Times, citing two people familiar with the plans. About 60% of ByteDance’s domestic semiconductor orders are expected to be fulfilled by Chinese suppliers like Huawei ...
This significant investment demonstrates ByteDance's commitment to becoming a major player in the global AI landscape, even ...
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