Kuaishou Technology is considering a maiden offshore bond sale, according to people familiar with the matter, joining a wave ...
Long known as a laggard to ByteDance Ltd.’s TikTok in short video streaming, Kuaishou has in 18 months, revamped itself and ...
US export control is hurting you all. The company said this in a statement to the comment of White House AI czar D.
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 ...
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 ...
AI expansion goes global as ByteDance aims to compete ByteDance, the parent company of TikTok, is set to ramp up its AI investments significantly next year. The company plans to… AI expansion goes ...
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 ...
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 ...
ByteDance, TikTok's Chinese parent company, has signed a deal to sell its U.S. operations to a group of investors, including two American companies. Alexandra Levine, tech reporter for Bloomberg News, ...
WASHINGTON, DC - MARCH 23: TikTok CEO Shou Zi Chew testifies before the House Energy and Commerce Committee in the Rayburn House Office Building on Capitol Hill on March 23, 2023 in Washington, DC. On ...
(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 ...
A new U.S.-based joint venture would keep TikTok online while handing oversight of its algorithm and data security to some of America’s wealthiest investors. Reading time 2 minutes TikTok and ...