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ByteDance earmarks $20B for global expansion

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 models capable of tackling complex problems.

Hosted on MSN · 4h

TikTok owner goes all-in on AI: ByteDance earmarks $20B for global expansion

ByteDance, the Chinese parent company of TikTok, has earmarked over 150 billion yuan ($20.64 billion) for capital expenditures in 2025, with a substantial portion of the funds being directed toward artificial intelligence,

The Financial Times · 1d

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.

AI, ByteDance

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.

Business Times · 6h

ByteDance plans US$20 billion capex in 2025, mostly on AI: sources

BYTEDANCE, the Chinese owner of TikTok, has earmarked over 150 billion yuan (S$27.9 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 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

20h

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.

9h

ByteDance’s UI-TARS can take over your computer, outperforms GPT-4o and Claude

UI-TARS understands graphical user interfaces (GUIs), applies reasoning and takes autonomous, step-by-step action.

18h

China’s most popular AI app gets facelift with ByteDance’s Doubao 1.5

TikTok parent ByteDance has launched an updated version of Doubao, China’s most popular consumer-facing artificial ...

The Next Platform18h

OpenAI Declares Its Hardware Independence (Sort Of) With Stargate Project

The dependency dance between AI pioneer OpenAI and the Microsoft Azure cloud and the application software divisions of its ...

2d

ByteDance launches AI code editor based on Microsoft software as TikTok ban is delayed

ByteDance has launched an artificial intelligence (AI)-powered code editor in competition with American leaders like Cursor ...

21hon MSN

AI apps saw over $1 billion in consumer spending in 2024

Demand for generative AI help drive consumer spending on apps to $150 billion globally in 2024, up 13% from the prior year.

19hon MSN

Elon Musk, Sam Altman trade barbs as Tesla mogul shades OpenAI over $500B Stargate project

Elon Musk and Sam Altman traded barbs on social media Wednesday after the OpenAI boss took center stage at the White House to ...

13h

OpenAI, SoftBank each commit $19 bln to Stargate AI data center, the Information reports

OpenAI and Japanese conglomerate SoftBank will each commit $19 billion to fund a joint venture to develop data centers for ...

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