TikTok owner ByteDance plans to spend more than $12bn on artificial intelligence infrastructure this year, betting on the ...
ByteDance, the Chinese owner of TikTok, has earmarked over 150 billion yuan ($20.64 billion) in capital expenditure for this ...
ByteDance is placing a big bet on artificial intelligence (AI) infrastructure as the TikTok parent plans to spend more than ...
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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 Chinese parent company of TikTok, has earmarked over 150 billion yuan ($20.64 billion) for capital ...
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 ...
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 ...
ByteDance, the parent company of TikTok, is reportedly preparing to invest more than $12 billion in artificial intelligence ...
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ByteDance plans to pump $20bn capex mostly into AI as it defends its AI lead in ChinaChinese ByteDance reportedly plans a $20 billion capital expenditure in 2025, mainly targeting AI as the tech giant seeks to defend its AI lead back home. Sources who spoke to Reuters revealed the ...
ByteDance, the owner of TikTok, plans to invest over $12 billion in AI infrastructure in 2023. This strategic move aims to ...
ByteDance: The main beneficiaries of the spending will be chipmakers Huawei Technologies and Cambricon Technologies plus US ...
ByteDance plans to invest over $20.64 billion in capital expenditure this year, mainly focusing on artificial intelligence ...
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