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

ByteDance plans to spend 40 billion yuan ($5.50 billion) to acquire AI chips in China in 2025, the report said, adding that ...

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 ...

Kentik’s analysis shows that, prior to the shutdown, most TikTok traffic used ByteDance’s own CDN. Since it returned, all ...

ByteDance, the company behind TikTok, is set to significantly invest in AI infrastructure with plans to spend over $12 ...

ByteDance plans to spend 40 billion yuan ($5.50 billion) to acquire AI chips in China in 2025, the report said, adding that ...

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 ...