ByteDance plans to pump $20bn capex mostly into AI

TikTok, ByteDance

TikTok owner ByteDance, DeepSeek lead Chinese push in AI reasoning
TikTok owner ByteDance on Wednesday released an update to its flagship AI model as a global race intensified to create AI ...
TikTok owner ByteDance asks expat employees to pay Chinese tax
TikTok parent ByteDance is asking Chinese employees at its Singapore headquarters to pay tax to their home country or risk ...
Report: ByteDance sets aside about $20B for AI spending this year
TikTok’s parent company ByteDance Ltd. has set aside 150 billion yuan ($20.64 billion) for its capital expenditure this year, and the bulk of that money will be spent on boosting its artificial ...
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ByteDance to invest over $20B in AI development this year
ByteDance, the Chinese tech giant behind TikTok, has set aside over 150 billion yuan ($20.64 billion) for capital expenditure ...
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 ...
ByteDance releases new AI reasoning model in a bid to challenge OpenAI
ByteDance released Doubao-1.5-pro, an upgrade to its flagship AI model, which it claims outperforms OpenAI's o1 in AIME.
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Oracle, Apple, Google diverge on whether to keep serving TikTok
APPLE and Oracle have reacted differently to President Donald Trump’s pledge that the US government will not enforce a ...
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EKY TikTok creator reacts to potential ban
The controversy stems from legislation passed in 2024 that required TikTok’s Chinese parent company, ByteDance, to sell the app to a U.S.-based entity or face a ban. After former President Joe Biden ...