ByteDance on Wednesday denied market speculation that it plans to produce vehicles in partnership with automakers. “The ...
Dec 22 (Reuters) - 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 ...
Chinese tech giant ByteDance is reportedly planning to purchase more than RMB 40 billion ($5.6 billion) worth of Huawei’s Ascend AI chips in 2026, a sharp increase from nearly zero procurement this ...
ByteDance is reportedly preparing to invest about CNY100 billion (US$14.3 billion) in AI chips in 2026, primarily purchasing ...
TikTok's parent company ByteDance is planning to increase its spending on artificial intelligence (AI) in 2026, with $23 billion in reported capital expenditure. According to The Financial Times, ...
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