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ByteDance to invest $12 billion in AI infrastructure

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.

GlobalData on MSN · 1d

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.

Investing.com on MSN · 1d

ByteDance to invest $12 billion in AI infrastructure by 2025- FT

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 pressure from Washington for the Chinese firm to sell its popular video-sharing app in the United States.

TikTok, ByteDance

New York Post on MSN · 1d

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

USA TODAY on MSN · 1d

ByteDance director Bill Ford says deal coming to save TikTok in the U.S.

WASHINGTON – 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.

The Hill on MSN · 15h

ByteDance board member confident deal to save TikTok in US will be reached soon

General Atlantic CEO and ByteDance board member Bill Ford said Wednesday that he believes TikTok soon will reach a deal to remain in the U.S. “It’s in everybody’s interest,” Ford said

TikTok owner ByteDance, DeepSeek lead Chinese push in AI reasoning

TikTok owner ByteDance on Wednesday released an update to its flagship AI model as a global race intensified to create AI ...

ByteDance releases new AI reasoning model in a bid to challenge OpenAI

ByteDance released Doubao-1.5-pro, an upgrade to its flagship AI model, which it claims outperforms OpenAI's o1 in AIME.

19hon 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 ...

2don MSN

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 ...

ByteDance board member believes there’s a possibility to retain TikTok ownership without divesting

The deal would involve a change of control on a local level. ByteDance currently has until April 5, 2025 to divest its stake in TikTok to a ...

TODAY on MSN4d

TikTok goes dark in the US as ban begins

TikTok is now unavailable in the United States after the Supreme Court upheld a law banning it in the country unless the app was sold by its Chinese parent company. TikTok’s owner ByteDance is ...

1don MSN

TikTok owner ByteDance asks expat employees to pay Chinese tax

TikTok parent ByteDance is asking Chinese employees at its Singapore headquarters to pay tax to their home country or risk ...

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ByteDance to invest $12 billion in AI infrastructure

TikTok, ByteDance

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