China’s ByteDance in race with US rivals to drive artificial general intelligence
The Chinese unicorn’s Seed Edge programme reflects its aggressive investment strategy, as other major tech firms push their ...
Reuters22d
Billionaire McCourt open to keeping original investors in any TikTok deal
The involvement of ByteDance founder Zhang Yiming would be subject to approval by the Committee on Foreign Investment in the United States. ByteDance did not immediately respond to a request for ...
The Financial Times16d
TikTok owner ByteDance plans to spend $12bn on AI chips in 2025
ByteDance, which under the direction of the tech group’s founder Zhang Yiming has become the frontrunner in China’s AI race, ...
China Signals It Is Open to a Deal Keeping TikTok in U.S.
TikTok’s founder, Zhang Yiming, has one connection that could help smooth the ... Zhang has a 21% equity stake in TikTok’s Beijing-based parent, ByteDance, and majority control over the company ...
Hosted on MSN27d
TikTok’s Founder Has a Formula for Everything. Can It Crack the Supreme Court?
SINGAPORE—Zhang Yiming chose a college by calculating which ... from his stake in TikTok’s Beijing-based parent company, ByteDance, which also operates hit Chinese apps. He is ByteDance ...
TikTok revival: Trump 2.0 is singing a different tune, giving ByteDance hope in US
When Donald Trump was sworn in as the 47th US president on January 20, several tech tycoons were present - from Amazon.com's ...
The New York Times21d
U.S. Ban of TikTok Is Set to Deal a Major Blow to ByteDance, Its Chinese Owner
The Information earlier reported ByteDance’s revenue. ByteDance, founded in 2012 by the entrepreneur Zhang Yiming and others, is backed by U.S. investors including Susquehanna Capital ...
The Financial Times16d
TikTok owner ByteDance plans to spend $12bn on AI chips in 2025
ByteDance, which under the direction of the tech group’s founder Zhang Yiming has become the frontrunner in China’s AI race, is doubling down to build out its own AI infrastructure to train ...