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ByteDance to Invest $12B 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

The Hill on MSN · 7h

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 will soon reach a deal to remain in the U.S. “It’s in everybody’s interest,” Ford said

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

Hosted on MSN · 6h

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.

11hon MSN

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 ...

newsbytesapp.com10h

ByteDance to invest over $20B in AI development this year

ByteDance, the Chinese tech giant behind TikTok, has set aside over 150 billion yuan ($20.64 billion) for capital expenditure ...

Is TikTok’s Parent Company Buying $12B Worth of AI Chips?

ByteDance reportedly plans to double down on domestic AI chips following U.S restrictions. The Chinese tech giant, however, ...

4don MSN

These Billionaires, Companies And Investors—Elon Musk, Kevin O’Leary And More—Could Buy TikTok As Ban Starts

ByteDance, TikTok’s parent company, is required to sell the app to a U.S.-based buyer or face a nationwide ban.

4don MSN

AI company Perplexity bids to merge with TikTok to avoid ban: report

Perplexity, an artificial intelligence search engine startup, has bid to merge with TikTok U.S. so the platform can avoid ...

1don MSN

CapCut ban update: ByteDance video editor is back for U.S. users, but it’s still not in Apple and Google app stores

The popular video-editing tool had remained dark for much of the day on Monday even after TikTok returned in the wake of ...

Datacenter Dynamics1d

TikTok drops ByteDance CDN in the US following brief shutdown

Kentik’s analysis shows that, prior to the shutdown, most TikTok traffic used ByteDance’s own CDN. Since it returned, all ...

1don MSN

TikTok owner ByteDance, DeepSeek lead Chinese push in AI reasoning

TikTok owner ByteDance on Wednesday released an update to its flagship AI model aimed at challenging Microsoft-backed ...

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