New reports suggest that China has banned TikTok parent ByteDance from using Nvidia chips in its data centers.

A Chinese investment firm bought a block of ByteDance Ltd. shares at a valuation of $480 billion, far above recent levels, a sign of strong investor interest in the parent company of video sensation ...

Capital Today on Wednesday won out over several other interested parties to acquire equity from Bank of China Group Investment Ltd, an early institutional investor in ByteDance.

The diverging path of China’s two leading AI players shows where the country’s artificial intelligence industry is headed.

Investing.com -- Chinese regulators have barred ByteDance, the owner of TikTok, from using Nvidia chips in new data centers, ...

A chipmaker dubbed “China’s Nvidia” has jumped by more than 500pc on its stock market debut, in the latest example of an ...

On Wednesday, President Joe Biden signed a foreign aid package bill into law that included a provision that would force social media site TikTok to be sold or face a ban in the United States.