TikTok’s Chinese owner set to increase capital expenditure next year in effort to further build AI infrastructure ...
ByteDance, the Beijing‑based owner of TikTok, is preparing a major AI spending plan as Chinese tech companies try to stay ...
Chinese unicorn's computing needs have climbed across its portfolio of popular apps, cloud unit Volcano Engine and large ...
TikTok owner ByteDance is preparing to significantly increase its investment in artificial intelligence in 2026, underscoring ...
TikTok's parent company, ByteDance (BDNCE) has preliminary plans to allocate about 160 billion yuan (~$22.77 billion) in ...
ByteDance is best known as the company behind the immensely popular TikTok app and its Chinese counterpart Douyin, but its ...
According to the recent reports from The Financial Times, TikTok owner ByteDance has made initial plans for a massive ...
TikTok owner ByteDance is set to expand its outlay on AI next year, with the company making preliminary plans to spend $23B, or RMB 160B, in ...
ByteDance, the owner of TikTok, plans to invest approximately 160 billion yuan ($22.74 billion) by 2026 to develop artificial intelligence infrastructure. This report by the Financial Times highlights ...
TikTok owner ByteDance has made preliminary plans for capital expenditure of 160 billion yuan ($22.74 billion) in 2026 to ...
TikTok owner ByteDance is preparing to step up its already sizeable investment in artificial intelligence as China’s leading technology groups seek to narrow the gap with US competitors, reported ...
ByteDance Reportedly Plans to Invest RMB160B in AI Next Yr w/ Half Expected to Be Spent on Chip Purchases Unemployment Rate ...