The privately held technology giant plans to spend about half of the amount abroad on AI-related infrastructure, primarily ...
ByteDance: The main beneficiaries of the spending will be chipmakers Huawei Technologies and Cambricon Technologies plus US ...
This significant investment demonstrates ByteDance's commitment to becoming a major player in the global AI landscape, even ...
ByteDance plans to invest over $20.64 billion in capital expenditure this year, mainly focusing on artificial intelligence ...
ByteDance, the Chinese owner of TikTok, has earmarked over 150 billion yuan ($20.64 billion) in capital expenditure for this ...
ByteDance reportedly plans to double down on domestic AI chips following U.S restrictions. The Chinese tech giant, however, ...
The dependency dance between AI pioneer OpenAI and the Microsoft Azure cloud and the application software divisions of its ...
Kentik’s analysis shows that, prior to the shutdown, most TikTok traffic used ByteDance’s own CDN. Since it returned, all ...
ByteDance (BDNCE) is looking to spend over $12B on artificial intelligence infrastructure in 2025 and has allotted a budget ...
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 ...