Long known as a laggard to ByteDance Ltd.’s TikTok in short video streaming, Kuaishou has in 18 months, revamped itself and ...
ByteDance is planning to procure a mix of Nvidia H200 accelerators and Huawei Technologies Ascend chips to meet its growing artificial intelligence needs while adhering to China's push for localized ...
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 ...
Photo source: Tuchong. And Doubao is just one facet of ByteDance’s wider AI strategy. Doubao’s daily active users (DAUs) have officially exceeded 100 million, reinforcing its position as a major app ...
TikTok and Chinese owner ByteDance signed agreements with Oracle and two other investors to form a new U.S. joint venture. Oracle stock jumped on the news.
Congress must ensure that the TikTok transaction complies with a law that President Trump has unconstitutionally refused to enforce all year. The TikTok logo is seen outside the company’s offices in ...
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 ...
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 ...
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