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AI, TikTok and ByteDance
TikTok owner ByteDance plans to spend $12bn on AI chips in 2025
TikTok owner ByteDance plans to spend more than $12bn on artificial intelligence infrastructure this year, betting on the cutting-edge technology for new growth while under pressure from Washington to sell its popular video-sharing app in the US.
TikTok owner ByteDance plans to spend $12 billion on AI chips in 2025, FT reports
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 reported on Tuesday, citing sources.
Is TikTok’s Parent Company Buying $12B Worth of AI Chips?
ByteDance reportedly plans to double down on domestic AI chips following U.S restrictions. The Chinese tech giant, however, says that's false.
TikTok parent ByteDance sets aside $12B to spend on AI chips this year - FT
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, the Financial Times reported Tuesday,
ByteDance plans to invest $12bn in AI infrastructure
The development comes as the Beijing-based company faces pressure from the US government to sell its social media app TikTok.
ByteDance to invest $12 billion in AI infrastructure by 2025- FT
ByteDance, the parent company of TikTok, plans to invest over $12 billion in artificial intelligence (AI) infrastructure by 2025, according to the Financial Times. This strategic move comes amidst pressure from Washington for the Chinese firm to sell its popular video-sharing app in the United States.
17h
US High School Economics class: TikTok begins restoring US service after Trump vows to delay ban
Part 1: Reading Questions: Read the FT article: TikTok begins restoring US service after Trump vows to delay ban and then answer the questions below. What action did TikTok take after President Trump ...
1d
Tech’s TikTok Dilemma: Follow the Law or President Trump?
The federal law banning TikTok has revealed a major schism among American tech companies: Some are willing to flout the law — ...
11d
on MSN
Elon Musk buying TikTok seems like a stretch — but we're in a weird time, so here's why it could make sense
Elon Musk swooping in to buy TikTok before a US ban is set to bite? It seems like a stretch, but it could also make some ...
7d
TikTok goes dark across US
Short-form video app says it is ‘fortunate’ that Donald Trump has ‘indicated he will work with us on a solution’ ...
6d
TikTok Flickers Back to Life After Trump Says He Will Stall a Ban
Some users saw the social media app come back online on Sunday, following a shutdown when a federal law went into effect ...
7d
on MSN
How TikTok grew from a fun app for teens into a potential national security threat
If it feels like TikTok has been around forever, that’s probably because it has, at least if you’re measuring via internet ...
9d
Is TikTok pushing Taiwan’s young people closer to China?
A growing number of researchers fear that the controversial app is promoting pro-China content and softening attitudes ...
6d
TikTok Engineered Its Shutdown to Get Saved. But Trump’s Solution May Fall Short.
President-elect Donald J. Trump’s idea, a 50-50 “joint venture” between the existing Chinese owner and some kind of American ...
Hosted on MSN
5d
Trump insists on TikTok ownership deal threatening China with tariffs
President Donald Trump said tariffs on China could depend on whether there’s a deal for TikTok. He signed an executive order ...
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