ByteDance, the Chinese owner of TikTok, has earmarked over 150 billion yuan ($20.64 billion) in capital expenditure for this ...

TikTok owner ByteDance on Wednesday released an update to its flagship AI model as a global race intensified to create AI ...

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

The Chinese artificial intelligence firm DeepSeek has rattled markets with claims its latest AI model performs on a par with ...

Social-media giant ByteDance, China's most valuable unicorn, on Thursday unveiled its Seed Edge initiative, a long-term ...

ByteDance plans to invest over $20.64 billion in capital expenditure this year, mainly focusing on artificial intelligence ...

ByteDance, the owner of TikTok, plans to invest $12 billion in AI chip technology by 2025. This strategic move indicates the ...

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

Hong Kong: The Chinese artificial intelligence firm, DeepSeek, has made waves in the tech world by claiming its new AI model, ...

ByteDance is set to invest more than 87.2bn yuan ($12bn) in artificial intelligence (AI) infrastructure in 2025, aiming to leverage cutting-edge technology for growth, reported the Financial Times.

This significant investment demonstrates ByteDance's commitment to becoming a major player in the global AI landscape, even ...

Perplexity AI has revised its merger proposal with ByteDance to create a joint entity, offering the US government up to 50% ...