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ByteDance, AI

Exclusive: ByteDance plans $20 billion capex in 2025, mostly on AI, sources say

ByteDance, the Chinese owner of TikTok, has earmarked over 150 billion yuan ($20.64 billion) in capital expenditure for this year, much of which will be centred on artificial intelligence, two people briefed on the matter said.

GlobalData on MSN · 1d

ByteDance plans to invest $12bn in AI infrastructure

The development comes as the Beijing-based company faces pressure from the US government to sell its social media app TikTok.

Hosted on MSN · 1d

ByteDance to invest $12 billion in AI infrastructure by 2025- FT

ByteDance, the parent company of TikTok, plans to invest over $12 billion in artificial intelligence (AI) infrastructure by 2025, according to the Financial Times. This strategic move comes amidst pressure from Washington for the Chinese firm to sell its popular video-sharing app in the United States.

TikTok, ByteDance

invezz on MSN · 11h

TikTok owner goes all-in on AI: ByteDance earmarks $20B for global expansion

ByteDance, the Chinese parent company of TikTok, has earmarked over 150 billion yuan ($20.64 billion) for capital expenditures in 2025, with a substantial portion of the funds being directed toward artificial intelligence,

Hosted on MSN · 1d

TikTok owner ByteDance plans to spend $12 billion 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.

Seeking Alpha on MSN · 1d

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,

9h

Trump Signs Executive Order in Attempt to Stall TikTok Ban

Shortly after taking office Monday, the president issued the order to delay the app’s ban for 75 days. The law went into ...

NBC Los Angeles19h

With Trump's TikTok extension, new potential U.S. buyers emerge

YouTuber MrBeast, X owner Elon Musk and Oracle Chairman Larry Ellison are names that have floated around in the past week.

ByteDance's $12 Billion Bet on AI: A New Era of Tech Innovation

ByteDance, the owner of TikTok, plans to invest over $12 billion in AI infrastructure in 2023. This strategic move aims to ...

12h

US judge temporarily blocks Trump's order to change birthright citizenship

The US president has already declared a national emergency at the border, as he begins his crackdown on immigration.

5h

TikTok Weighs Non-Sale Options, ByteDance’s Ford Says (1)

ByteDance is exploring a deal to keep TikTok running in the US without selling its operations there, according to board member Bill Ford.

4d

TikTok goes dark across US

Short-form video app says it is ‘fortunate’ that Donald Trump has ‘indicated he will work with us on a solution’ ...

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5h

Russia ready for 'respectful dialogue' after Trump tells Putin to end Ukraine war

Donald Trump said he would impose high tariffs and further sanctions on Russia if it continued its "ridiculous war".

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