ByteDance plans to pump $20bn capex mostly into AI
TikTok, ByteDance
TikTok owner ByteDance on Wednesday released an update to its flagship AI model as a global race intensified to create AI ...
CNBC's Deirdre Bosa joins 'The Exchange' with the latest details on the AI race between the U.S. and China. CNBC's Deirdre ...
TikTok’s parent company ByteDance Ltd. has set aside 150 billion yuan ($20.64 billion) for its capital expenditure this year, and the bulk of that money will be spent on boosting its artificial ...
TikTok's influence has been greater than its seemingly short-lived demise. The ByteDance-owned app returns after going dark ...
ByteDance is placing a big bet on artificial intelligence (AI) infrastructure as the TikTok parent plans to spend more than ...
After stepping in to restore TikTok in the U.S. and delaying a law that would effectively ban the app, Trump is looking for ...
Oracle, which provides cloud services for TikTok, took Trump’s go-ahead to heart. It’s kept TikTok operational since the app ...
TikTok got a short reprieve to make a deal. Project Stargate, a $500B AI plan from OpenAI, Oracle, and Softbank, pushes Musk, Microsoft, aside. Google buys HTC VR tech.
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