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.
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, ...
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Bill Ford, the CEO of ByteDance shareholder General Atlantic, said Wednesday he was confident that a deal will be reached to ...
TikTok's influence has been greater than its seemingly short-lived demise. The ByteDance-owned app returns after going dark ...
While TikTok remains hugely popular in Brazil, Indonesia and other markets, its 170 million users in the United States are ...
TikTok is no longer available in the United States —at least for now. But it’s not the only ByteDance-owned app that’s ...
James "Jimmy" Donaldson, known as MrBeast on YouTube, made an offhand comment to X this week, saying he'd buy TikTok so it ...
YouTuber MrBeast, X owner Elon Musk and Oracle Chairman Larry Ellison are names that have floated around in the past week.
TikTok, owned by ByteDance, is on the verge of being banned in the United States. The thing is, the government could go after ...
This significant investment demonstrates ByteDance's commitment to becoming a major player in the global AI landscape, even ...
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With no Supreme Court ruling on TikTok today, tensions are high. The wildly popular social media platform owned by China's ...
ByteDance is placing a big bet on artificial intelligence (AI) infrastructure as the TikTok parent plans to spend more than ...
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