Social-media giant ByteDance, China's most valuable unicorn, on Thursday unveiled its Seed Edge initiative, a long-term ...
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.
The Beijing-based company has budgeted Rmb40bn ($5.5bn) to acquire AI chips in China in 2025, said two people familiar with ...
The high-profile names who could potentially buy TikTok following the Supreme Court's decision to uphold the law banning the ...
Potential buyers for TikTok US include MrBeast, Kevin O'Leary, Frank McCourt's Project Liberty and Perplexity AI, who bid a ...
ByteDance employees and the company’s founder, Zhang Yiming, also each have a 20% stake. The technology company has not ...
While TikTok remains hugely popular in Brazil, Indonesia and other markets, its 170 million users in the United States are ...
Measure directs Justice Department to not enforce the law for 75 days while administration determines “the appropriate course ...
ByteDance is devising plans to invest $7bn in cloud-based graphics processing units (GPUs) to circumvent US restrictions on exporting advanced chips to China, The Information reported citing sources.
Challenges came in tandem with TikTok’s success. U.S. officials expressed concerns about the company’s roots and ownership, ...
According to the Financial Times, ByteDance is planning to invest over $12 billion in artificial intelligence infrastructure ...
Citing two people involved with the plan, the latest report from The Information claims ByteDance co-founder Zhang Yiming has held discussions with data center operators in regions including Southeast ...