The Beijing-based company has budgeted Rmb40bn ($5.5bn) to acquire AI chips in China in 2025, said two people familiar with ...

Social-media giant ByteDance, China's most valuable unicorn, on Thursday unveiled its Seed Edge initiative, a long-term ...

The TikTok ban won't be enforced until April, but there will be plenty of contentious negotiations between China, the U.S., ...

The high-profile names who could potentially buy TikTok following the Supreme Court's decision to uphold the law banning the ...

While TikTok remains hugely popular in Brazil, Indonesia and other markets, its 170 million users in the United States are ...

ByteDance (BDNCE) is looking to spend over $12B on artificial intelligence infrastructure in 2025 and has allotted a budget ...

Kotick previously spoke with ByteDance founder Zhang Yiming about acquiring the platform, The Wall Street Journal reported in 2024. Today, Kotick is the co-chairman of the Call of Duty Endowment ...

Potential buyers for TikTok US include MrBeast, Kevin O'Leary, Frank McCourt's Project Liberty and Perplexity AI, who bid a ...

According to the Financial Times, ByteDance is planning to invest over $12 billion in artificial intelligence infrastructure ...

ByteDance's global revenue grew to $110 billion (£89 billion) last year, a rise of 30%. ByteDance founder Zhang Yiming, who stepped aside as chief executive in 2021, is China's richest person. Trump ...

Founded by entrepreneur Zhang Yiming in 2012, ByteDance is set to invest 4.5 billion yuan (US$615 million) in a new computing centre in Datong, a city in northern Shanxi province, as part of ...