TikTok owner ByteDance plans to spend more than $12 billion on artificial intelligence infrastructure this year, betting on ...

ByteDance, the parent company of TikTok, is reportedly preparing to invest more than $12 billion in artificial intelligence ...

Jan 21 (Reuters) - ByteDance is placing a big bet on artificial intelligence (AI) infrastructure as the TikTok parent plans to spend more than $12 billion on AI in 2025, the Financial Times ...

Ltd. The story suggests ByteDance is going to spend significantly more than the $7 billion figure posited by The Information in December, although that earlier report was referring specifically to ...

ByteDance plans to spend 40 billion yuan ($5.50 billion) to acquire AI chips in China in 2025, the report said, adding that ...

the Financial Times reported on Tuesday, citing sources. This move comes as the Chinese company faces pressure from Washington to sell its popular video-sharing app in the United States. “The ...

MOSCOW, Jan 22 (Bernama-Sputnik/RIA Novosti) - Chinese company ByteDance, the owner of the TikTok social media platform, plans to spend over US$12 billion on developing AI-related infrastructure in ...

according to a report by Caixin on Thursday. Ford made the comments on the sidelines of the 2025 World Economic Forum in Davos, Switzerland. It is the first time that a ByteDance board director ...