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ByteDance plans to pump $20bn capex mostly into AI
Exclusive: ByteDance plans $20 billion capex in 2025, mostly on AI, sources say
ByteDance, the Chinese owner of TikTok, has earmarked over 150 billion yuan ($20.64 billion) in capital expenditure for this year, much of which will be centred on artificial intelligence, two people briefed on the matter said.
ByteDance plans to pump $20bn capex mostly into AI as it defends its AI lead in China
Chinese ByteDance plans a $20 billion capital expenditure in 2025, mainly targeting AI as the tech giant seeks to defend its AI lead back home.
ByteDance plans to invest $12bn in AI infrastructure
The development comes as the Beijing-based company faces pressure from the US government to sell its social media app TikTok.
TikTok, ByteDance
ByteDance director confident TikTok deal will get done, sees options to avoid an outright sale
Bill Ford, the CEO of ByteDance shareholder General Atlantic, said Wednesday he was confident that a deal will be reached to ensure TikTok stays online in the US — and suggested there may be
ByteDance director Bill Ford says deal coming to save TikTok in the U.S.
General Atlantic CEO Bill Ford said on Wednesday that a deal would get done to save TikTok in the U.S. after President Donald Trump signed an executive order that halted a ban on the app for 75 days.
TikTok Weighs Non-Sale Options, ByteDance’s Ford Says
ByteDance is exploring a deal to keep TikTok running in the US without selling its operations there, according to board member Bill Ford.
11h
Is MrBeast planning a TikTok takeover? The YouTube star seems ready to make a move
Donaldson posted a jokey message on X on January 13 that read, "Okay fine, I'll buy Tik Tok so it doesn't get banned." A day later, ...
6d
on MSN
Is TikTok getting banned? Here's how to download videos in case ByteDance doesn't sell
Unless its owner agrees to sell, TikTok will be banned in the U.S. on Jan. 19. Here's how to download your account if no one ...
13h
on MSN
With Trump’s TikTok extension, new potential U.S. buyers emerge
YouTuber MrBeast, X owner Elon Musk and Oracle Chairman Larry Ellison are names that have floated around in the past week.
4d
It’s Not Just TikTok: These Other ByteDance Apps Are Gone Too
TikTok is no longer available in the United States —at least for now. But it’s not the only ByteDance-owned app that’s ...
6d
U.S. Ban of TikTok Is Set to Deal a Major Blow to ByteDance, Its Chinese Owner
While TikTok remains hugely popular in Brazil, Indonesia and other markets, its 170 million users in the United States are ...
19h
on MSN
TikTok owner goes all-in on AI: ByteDance earmarks $20B for global expansion
This significant investment demonstrates ByteDance's commitment to becoming a major player in the global AI landscape, even ...
8d
on MSN
TikTok Tension: U.S. Users Mob Smaller Chinese App, Rivals YouTube Shorts & Instagram Reels Stand By
With no Supreme Court ruling on TikTok today, tensions are high. The wildly popular social media platform owned by China's ...
3d
on MSN
ByteDance’s Apps: Capcut, Lemon 8 & More Aside From TikTok
TikTok was banned and restored within the same weekend. Find out what other apps owned by ByteDance, are in limbo below.
6d
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 ...
2d
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 ...
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