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AI, TikTok and ByteDance
TikTok owner ByteDance plans to spend $12bn on AI chips in 2025
TikTok owner ByteDance plans to spend more than $12bn on artificial intelligence infrastructure this year, betting on the cutting-edge technology for new growth while under pressure from Washington to sell its popular video-sharing app in the US.
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 $12 billion on AI in 2025, the Financial Times reported on Tuesday, citing sources.
Is TikTok’s Parent Company Buying $12B Worth of AI Chips?
ByteDance reportedly plans to double down on domestic AI chips following U.S restrictions. The Chinese tech giant, however, says that's false.
FirstFT: ByteDance plans to spend $12bn on AI chips this year
Also in today’s newsletter, Trump warns Putin to reach Ukraine ‘deal’ soon, and Pakistan to seek extradition of billionaire tycoon from UAE
TikTok parent ByteDance sets aside $12B to spend on AI chips this year - FT
Beijing-based ByteDance (BDNCE) is looking to spend over $12B on artificial intelligence infrastructure in 2025 and has allotted a budget of RMB 40B ($5.5B) to acquire AI chips in China this year, the Financial Times reported Tuesday,
ByteDance plans to invest $12 billion on AI chips this year
According to the Financial Times, ByteDance is planning to invest over $12 billion in artificial intelligence infrastructure in 2025. Sources familiar
5d
TikTok goes dark across US
Short-form video app says it is ‘fortunate’ that Donald Trump has ‘indicated he will work with us on a solution’ ...
1h
Tech’s TikTok Dilemma: Follow the Law or President Trump?
The federal law banning TikTok has revealed a major schism among American tech companies: Some are willing to flout the law — ...
Hosted on MSN
3d
Trump insists on TikTok ownership deal threatening China with tariffs
President Donald Trump said tariffs on China could depend on whether there’s a deal for TikTok. He signed an executive order ...
4d
Elon Musk complains about China ban on X as Donald Trump prepares TikTok reprieve
Elon Musk has objected to a lack of reciprocity in the US-China tech relationship, a rare criticism from the billionaire on ...
5d
on MSN
How TikTok grew from a fun app for teens into a potential national security threat
If it feels like TikTok has been around forever, that’s probably because it has, at least if you’re measuring via internet ...
4d
TikTok Engineered Its Shutdown to Get Saved. But Trump’s Solution May Fall Short.
President-elect Donald J. Trump’s idea, a 50-50 “joint venture” between the existing Chinese owner and some kind of American ...
7d
Is TikTok pushing Taiwan’s young people closer to China?
A growing number of researchers fear that the controversial app is promoting pro-China content and softening attitudes ...
7d
on MSN
Why does the US want to ban TikTok? The allegations against it
WASHINGTON (Reuters) -TikTok plans to shut U.S. operations of its social media app on Sunday when a federal ban is set to ...
7d
Instagram and YouTube Prepare to Benefit From a TikTok Ban
Meta’s Instagram and Google’s YouTube are getting ready to welcome TikTok users, as the Supreme Court upheld a law that ...
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