HSG, formerly Sequoia Capital China, is reportedly launching a new fund. This fund is expected to buy some of its shares in ...
ByteDance plans $14 billion Nvidia AI chip investment amid China export shifts, boosting AI, cloud, and chip development.
TikTok owner ByteDance has made preliminary plans for capital expenditure of 160 billion yuan ($22.74 billion) in 2026 to build artificial intelligence infrastructure, the Financial Times reported on ...
ByteDance said a report that it’s mulling the sale of a majority stake in TikTok‘s American business — after the U.S. adopted a law forcing it to divest its ownership position or face a ban of the app ...
Editor’s Note: This story has been updated to include a comment from a ByteDance spokesperson. TikTok-parent ByteDance has reportedly become the largest buyer of Nvidia Corporation (NASDAQ:NVDA) chips ...
Chinese unicorn's computing needs have climbed across its portfolio of popular apps, cloud unit Volcano Engine and large ...
Several current US-based investors in TikTok’s Chinese parent ByteDance are reportedly looking to join Larry Ellison’s Oracle in a potential deal for the video-sharing app to soothe national security ...
TikTok’s Beijing-based owner ByteDance tightened its grip over its US operations over the past two years, according to company insiders, even as momentum to ban the short-video app grew in Washington.
TikTok parent ByteDance is all set to boost the compensation packages for its highest-performing employees in 2026. As reported by Business Insider, an internal memo of the company revealed that the ...