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AI, TikTok and ByteDance
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.
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 $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.
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
1h
on MSN
Can TikTok be saved? A look at potential buyers and a possible merger amid pending ban
Potential buyers for TikTok US include MrBeast, Kevin O'Leary, Frank McCourt's Project Liberty and Perplexity AI, who bid a ...
5d
U.S. Ban of TikTok Is Set to Deal a Major Blow to ByteDance, Its Chinese Owner
While TikTok remains hugely popular in Brazil, Indonesia and other markets, its 170 million users in the United States are ...
16h
on MSN
National Politics
In an executive order signed on Monday, Trump instructed the U.S. attorney general to not enforce the ban for 75 days while ...
4d
on MSN
Who could buy TikTok before Sunday? What to know after Supreme Court upholds ban
The high-profile names who could potentially buy TikTok following the Supreme Court's decision to uphold the law banning the ...
Prestige Online
10h
All the billionaires and businesses who could be potential buyers of TikTok US
While ByteDance has said they do not plan to sell their TikTok US operations, this has not stopped potential buyers from lining up to bid.
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 ...
7d
Who could buy TikTok to avoid app's ban? Newest name being shared: Elon Musk
As the Jan. 19 date for a TikTok ban approaches, another name is emerging as a potential buyer: SpaceX and Tesla CEO Elon ...
Spotify
1d
Trump signs executive order delaying TikTok ban, as China appears to soften stance on selling app
The order instructs the attorney general not to levy fines against app stores and service providers that help TikTok remain ...
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