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AI, ByteDance and TikTok
TikTok owner ByteDance plans to spend $12 bln 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.
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,
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.
3d
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’ ...
2d
TikTok Flickers Back to Life After Trump Says He Will Stall a Ban
Some users saw the social media app come back online on Sunday, following a shutdown when a federal law went into effect ...
Hosted on MSN
1d
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 ...
1d
New UK ambassador to US still holds stake in lobbying firm for TikTok
Lord Peter Mandelson will still hold shares in the lobbying firm he co-founded as he takes up his new post as the UK’s ambassador in Washington, despite the company’s work for Chinese clients like ...
3d
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
on MSN
Why is TikTok getting banned in the US - and could it happen in the UK?
Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access ...
5d
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 ...
3d
on MSN
With a US ban on TikTok hours away, Trump says he 'most likely' will grant an extension
President-elect Donald Trump says he “most likely” will give TikTok 90 more days to work out a deal that would allow the ...
4d
Supreme Court upholds TikTok ban
The Supreme Court has upheld the law that will effectively ban TikTok on Sunday,9. The decision marks the end of TikTok’s ...
4d
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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