Venture capital firm HSG, formerly Sequoia Capital China, is raising a continuation fund that will take over some of its ...

ByteDance plans to spend about 100 billion yuan ($14.29 billion) on artificial intelligence chips from Nvidia in 2026, a ...

Meta Platforms Inc. and ByteDance Ltd. were hit with class actions Tuesday from YouTubers who claimed the companies have used their videos to train generative AI models without permission. The ...

ByteDance, the Chinese parent company of TikTok, is reportedly set to ramp up its investment in artificial intelligence (AI) to the tune of $23 billion next year amid a broader strategy to keep up ...

TikTok's parent company, ByteDance (BDNCE) has preliminary plans to allocate about 160 billion yuan (~$22.77 billion) in capital expenditure for 2026, primarily targeting AI infrastructure development ...

ByteDance is preparing to raise its capex to CNY160 billion (approx. US$22.70 billion) in 2026, allocating over half of this amount, CNY85 billion, towards purchasing artificial intelligence chip ...

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 ...

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 ByteDance is pushing ahead with partnerships ...

The Associated Press reported Friday (December 19), citing an internal memo from ByteDance CEO Shou Zi Chew, that TikTok’s parent has signed binding agreements with a consortium of investors to form a ...

ByteDance, the parent company of TikTok, has taken a significant step to prevent the popular social media platform from being banned in the United States. The company has finalized binding agreements ...

(Bloomberg/Echo Wong and Min Jeong Lee) — ByteDance Ltd. is on track for profits of roughly $50 billion in 2025, capping a record year for a Chinese social media leader making major inroads into ...

Chinese social media giant ByteDance (BDNCE) is on track for roughly $50B in profits this year, according to a report by Bloomberg on Friday, citing sources. The parent company of TikTok has generated ...