ByteDance, the Chinese owner of TikTok, has earmarked over 150 billion yuan ($20.64 billion) in capital expenditure for this ...

ByteDance: The main beneficiaries of the spending will be chipmakers Huawei Technologies and Cambricon Technologies plus US ...

TikTok’s parent company ByteDance Ltd. has set aside 150 billion yuan ($20.64 billion) for its capital expenditure this year, and the bulk of that money will be spent on boosting its artificial ...

ByteDance plans to invest over $20.64 billion in capital expenditure this year, mainly focusing on artificial intelligence ...

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

Chinese ByteDance plans a $20 billion capital expenditure in 2025, mainly targeting AI as the tech giant seeks to defend its AI lead back home.

This significant investment demonstrates ByteDance's commitment to becoming a major player in the global AI landscape, even ...

The privately held technology giant plans to spend about half of the amount abroad on AI-related infrastructure, primarily ...

ByteDance, the parent company of TikTok, is reportedly preparing to invest more than $12 billion in artificial intelligence infrastructure by the year 2025. According to a report from the Financial ...

The investment highlights ByteDance focus on AI amid ongoing geopolitical tensions and ever-present regulatory scrutiny.

Hangzhou-based DeepSeek has released several open-source AI models that match OpenAI's performance—with more efficiency and at lower cost.