TikTok owner ByteDance plans to spend $12bn on AI chips in 2025
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ByteDance, the Chinese owner of TikTok, has earmarked over 150 billion yuan ($20.64 billion) in capital expenditure for this ...
ByteDance, the Chinese parent company of TikTok, has earmarked over 150 billion yuan ($20.64 billion) for capital ...
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ByteDance plans to invest $12bn in AI infrastructureThe development comes as the Beijing-based company faces pressure from the US government to sell its social media app TikTok.
ByteDance, the parent company of TikTok, is reportedly preparing to invest more than $12 billion in artificial intelligence ...
ByteDance, the parent company of TikTok, plans to invest over $12 billion in artificial intelligence (AI) infrastructure by 2025, according to the Financial Times. This strategic move comes amidst ...
ByteDance, the owner of TikTok, plans to invest over $12 billion in AI infrastructure in 2023. This strategic move aims to ...
ByteDance: The main beneficiaries of the spending will be chipmakers Huawei Technologies and Cambricon Technologies plus US ...
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ByteDance plans to pump $20bn capex mostly into AI as it defends its AI lead in ChinaChinese ByteDance reportedly plans a $20 billion capital expenditure in 2025, mainly targeting AI as the tech giant seeks to defend its AI lead back home. Sources who spoke to Reuters revealed the ...
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