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ByteDance to invest $12 billion in AI infrastructure
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.
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.
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.
2d
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 ...
5d
on MSN
When Will TikTok Be Unbanned in the US and Could the Ban Spread to the UK? What We Know
TikTok's US ban has raised questions about its potential reversal and whether similar restrictions might extend to the UK.
7d
How US TikTok ban could affect users in the UK as it's set to happen on Sunday
With a TikTok ban set to come into effect in the US on Sunday, the app faces an uncertain future stateside. According to Sky ...
5d
TikTok banned in the US but the UK won't follow suit - yet
US politicians ruled it was a risk to national security because of owner ByteDance's ties to the Chinese government.
1d
UK tech minister expresses concern over TikTok
Britain's technology minister is "genuinely concerned" about how Chinese-owned TikTok could use the data of millions of Britons, according to an interview with The Guardian newspaper published ...
Hosted on MSN
4d
UK Government gives major update on TikTok ban as app is unblocked for US users
TikTok has been re-instated in the USA after being banned over security concerns, and the UK users are wondering whether they ...
5d
on MSN
Could TikTok ever be banned in the UK too?
At the moment, there are "no plans" for a TikTok ban in the UK, a government spokesperson said on Saturday. "We engage with ...
3d
ByteDance launches AI code editor based on Microsoft software as TikTok ban is delayed
ByteDance has launched an artificial intelligence (AI)-powered code editor in competition with American leaders like Cursor ...
3d
President Trump gives TikTok 75-day extension to sell its US business
Among an array of executive orders signed by the president, Mr Trump said his order would give TikTok's China-based parent ...
2d
What does Trump's executive order mean for TikTok and who might buy it?
US President Donald Trump has signed an executive order granting TikTok a 75-day extension to comply with a law banning the ...
9d
on MSN
How could a US TikTok ban affect UK users?
The UK has already implemented a partial TikTok ban – since 2023 the app has been banned on official devices used by ...
2d
TikTok owner ByteDance, DeepSeek lead Chinese push in AI reasoning
TikTok owner ByteDance on Wednesday released an update to its flagship AI model as a global race intensified to create AI ...
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