ByteDance Financial Times

AI, TikTok and ByteDance

TikTok owner ByteDance plans to spend $12 bln 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 · 3h

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,

Republic World on MSN · 9h

TikTok Owner ByteDance Reportedly Plans To Spend $12 Billion on AI Chips in 2025

Yicai Global · 9h

ByteDance Denies TikTok Owner Plans to Invest USD12 Billion in AI Infrastructure in 2025

(Yicai) Jan. 22 -- A ByteDance company representative has rebutted a report that the Chinese owner of TikTok plans to make an over USD12 billion investment in infrastructure for artificial intelligence this year.

TechNode · 8h

ByteDance plans to invest $12 billion on AI chips this year

According to the Financial Times, ByteDance is planning to invest over $12 billion in artificial intelligence infrastructure in 2025. Sources familiar

GlobalData on MSN8h

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.

7hon MSN

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 ...

EconoTimes13h

ByteDance to Invest $12B in AI Infrastructure Amid U.S. Pressure

ByteDance, TikToks parent company, is reportedly gearing up for a $12 billion investment in artificial intelligence (AI) ...

devdiscourse16h

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 ...

Hosted on MSN4h

ByteDance director says TikTok deal will get done

A deal will get done to ensure that TikTok remains available in the U.S., General Atlantic CEO Bill Ford told Axios during an ...

U.S. Ban of TikTok Is Set to Deal a Major Blow to ByteDance, Its Chinese Owner

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

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