ByteDance: The main beneficiaries of the spending will be chipmakers Huawei Technologies and Cambricon Technologies plus US ...

TikTok’s parent company ByteDance Ltd. has set aside 150 billion yuan ($20.64 billion) for its capital expenditure this year, and the bulk of that money will be spent on boosting its artificial ...

Chinese ByteDance plans a $20 billion capital expenditure in 2025, mainly targeting AI as the tech giant seeks to defend its AI lead back home.

BEIJING, Jan 23 (Reuters) - ByteDance, the Chinese owner of TikTok, has earmarked over 150 billion yuan ($20.64 billion) in capital expenditure for this year, much of which will be centred on ...

ByteDance, the parent company of TikTok, is reportedly preparing to invest more than $12 billion in artificial intelligence infrastructure by the year 2025. According to a report from the Financial ...

An AI lab out of China has ignited panic in Silicon Valley after releasing impressive AI models more cheaply and with ...

Hangzhou-based DeepSeek has released several open-source AI models that match OpenAI's performance—with more efficiency and ...

DeepSeek has a free website and mobile app even for U.S. users with an R1-powered chatbot interface similar to OpenAI's ...

Explore the pros and cons of the first round of technology developments from President Trump's first week in office. What impact will his bold tech moves have?

Birthright citizenship CNN layoffs Today’s horoscope Weekend activities NYC education panel pushes back on Trump order to allow ICE in schools with deportations looming ...

The suspect allegedly filmed himself threatening to kill clerks because they wouldn't let him get ...

President Trump and First Lady’s Meme Coins Dominated by Crypto Whales: Chainalysis ...