SoftBank's investment in OpenAI may position the company as the world's joint-second most valuable private tech firm after ...

The Beijing-based company has budgeted Rmb40bn ($5.5bn) to acquire AI chips in China in 2025, said two people familiar with the plans, which would double the amount it spent last year. The group also ...

Any such transaction could affect plans for a future ByteDance initial public offering, with the company valuing itself at $300bn during a recent share buyback programme. The company drew up its ...

Every Wednesday and Friday, TechNode’s Briefing newsletter delivers a roundup of the most important news in China tech, straight to your inbox. Sign up According to the Financial Times, ByteDance is ...

ByteDance said: "the anonymously sourced information about our spending is incorrect." It didn't elaborate. Nvidia declined to comment. Huawei and Cambricon did not immediately respond to requests ...

The developments in AI reasoning by ByteDance, DeepSeek and others is likely to challenge the market share of OpenAI and other large language models in terms of both performance metrics and fees ...

Researchers at ByteDance, TikTok's parent company, showcased an AI model designed to generate full-body deepfake videos from one image and audio — and the results are scarily impressive.