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ByteDance earmarks $20B for global expansion

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 $12 billion on AI in 2025, the Financial Times reported on Tuesday, citing sources.

TechCrunch on MSN · 8d

TikTok owner ByteDance powered an e-reader’s unhinged AI assistant

But the model is only meant to be used within China’s mainland, a ByteDance spokesperson told TechCrunch. The e-reader’s China-based manufacturer, Onyx International, which sells Boox e-readers in both China and to the U.

invezz on MSN · 17h

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,

Seeking Alpha on MSN · 1d

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, ByteDance

The Hill on MSN · 13h

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

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.

Axios Login on MSN · 1d

ByteDance director says TikTok deal will get done

A deal will get done to ensure that TikTok remains available in the U.S., General Atlantic CEO Bill Ford told Axios during an event on Wednesday in Davos, Switzerland. Why it matters: General Atlantic is a major investor in TikTok's Chinese parent company,

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 ...

3don MSN

RIP TikTok. Long live TikTok: A look at the ByteDance app following its flurry of fortunes

TikTok's influence has been greater than its seemingly short-lived demise. The ByteDance-owned app returns after going dark ...

2hon MSN

Inside TikTok’s frantic scramble to halt U.S. ban

There were 36 hours of mad frenzy as TikTok executives and lawyers sought and failed to get a last-minute reprieve from Biden — and then landed one from Trump.

WYMT20m

EKY TikTok creator reacts to potential ban

The controversy stems from legislation passed in 2024 that required TikTok’s Chinese parent company, ByteDance, to sell the app to a U.S.-based entity or face a ban. After former President Joe Biden ...

Trump seeks TikTok deal

Welcome to The Hill’s Technology newsletter {beacon} Technology Technology The Big Story TikTok buyers line up with Trump, ...

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 ...

Billionaire McCourt says he is open to teaming up on a TikTok bid

U.S. businessman Frank McCourt is open to teaming up with other buyers on a bid to take over the U.S. operations of TikTok as long as he can maintain control of the asset, he told Reuters at the Davos ...

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ByteDance earmarks $20B for global expansion

TikTok, ByteDance

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