TikTok is facing down a US law that ordered the company to divest from its Chinese owner ByteDance or be banned in the US. Asked late on Monday if Microsoft was in discussion for acquiring TikTok ...
ByteDance is going all in on AI, planning to pump over $12 billion into AI infrastructure in 2025. That includes $5.5 billion for AI chips in China and another $6.8 billion to build up its ...
ByteDance, completes a divestiture that ends any operational or ownership ties to the Chinese government. The deadline for compliance was Jan. 19, 2025. The law was passed based on a concern that ...
A major shareholder of ByteDance, the Beijing-based owner of TikTok, said Wednesday he was confident that a deal will be reached to ensure the video-sharing app stays online in the US — and ...
WASHINGTON – General Atlantic CEO Bill Ford said on Wednesday that a deal would get done to save TikTok in the U.S. after President Donald Trump signed an executive order that halted a ban on ...
WASHINGTON -TikTok is not the only app owned by Chinese internet giant ByteDance that is flickering back to life. CapCut, a popular video-editing app, came back online in the US on Jan 21 after ...
Firefighters are battling a three-alarm blaze at an apartment complex in San Jose. The fire was reported at 1:55 p.m. Wednesday at a two-story apartment complex on the 2400 block of Los Gatos ...
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 ...
BYTEDANCE is placing a big bet on artificial intelligence (AI) infrastructure as the TikTok parent plans to spend more than US$12 billion on AI in 2025, the Financial Times reported on Tuesday, citing ...
BEIJING (Reuters) - TikTok owner ByteDance on Wednesday released an update to its flagship AI model aimed at challenging Microsoft-backed OpenAI’s latest reasoning model products, as a global ...
(Reuters) - TikTok owner ByteDance plans to spend more than $12 billion on artificial intelligence infrastructure this year, betting on the cutting-edge technology for new growth, the Financial ...