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

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 ...

(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 ...

TikTok CEO Shou Chew on Thursday, Dec. 18, told employees of the social media app that its owner, China’s ByteDance, has signed binding agreements to create a new joint venture for the app in the ...

TikTok CEO Shou Chew told employees of the social media app Thursday that its owner, China’s ByteDance, has signed binding agreements to create a joint venture for the app in the United States, as ...

Dec. 18 (UPI) --The owner of TikTok has signed an agreement to create a joint venture that will make the popular social media app majority-owned by American investors, the company announced Thursday.

ByteDance’s new agentic AI smartphone faces major pushback from major Chinese apps over security and fairness concerns. The company has restricted its AI agent, Doubao, after reports of blocked logins ...

ByteDance and ZTE are developing a second-generation Agentic AI, Doubao phone, for a planned late-2026 launch. The first AI phone sold out quickly but was limited to around 30,000 units as an ...

The diverging path of China’s two leading AI players shows where the country’s artificial intelligence industry is headed. Save this story Save this story Go high or go wide? DeepSeek and ByteDance, ...

ByteDance (BDNCE) is launching an AI voice control service that will debut on a smartphone made by ZTE before becoming available on phones from other manufacturers in due course, Reuters reported. The ...