ByteDance, the Beijing‑based owner of TikTok, is preparing a major AI spending plan as Chinese tech companies try to stay competitive with U.S. rivals. According to the Financial Times, ByteDance has ...
Add Yahoo as a preferred source to see more of our stories on Google. FILE PHOTO: FILE PHOTO: Bytedance logo is seen in this illustration taken February 8, 2025. REUTERS/Dado Ruvic/Illustration/File ...
TikTok's parent company ByteDance is planning to increase its spending on artificial intelligence (AI) in 2026, with $23 billion in reported capital expenditure. According to The Financial Times, ...
Chinese tech giant ByteDance is reportedly planning to purchase more than RMB 40 billion ($5.6 billion) worth of Huawei’s Ascend AI chips in 2026, a sharp increase from nearly zero procurement this ...
China's ByteDance said on Monday that TikTok's global business will become its subsidiary, even as Oracle Corp and Walmart ...
Dec 22 (Reuters) - TikTok owner ByteDance has made preliminary plans for capital expenditure of 160 billion yuan ($22.74 billion) in 2026 to build artificial intelligence infrastructure, the Financial ...
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