(Reuters) -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 ... said ...

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

ByteDance, the parent company of TikTok, is reportedly preparing to invest more than $12 billion in artificial intelligence ...

ByteDance may not actually buy many GPUs, as The Information’s report said the plan is to rent them from data centers located outside mainland China. Renting GPUs makes sense for ByteDance ...

reported the Financial Times, citing two people familiar with the plans. About 60% of ByteDance’s domestic semiconductor orders are expected to be fulfilled by Chinese suppliers like Huawei ...

Perplexity AI submitted a revised merger proposal to TikTok’s Chinese parent ByteDance as the popular video-sharing app stares down a national ban, according to multiple reports. Under the new ...

The plan to save TikTok involves software company Oracle and a group of outside investors effectively taking control of the ...

ByteDance is exploring a deal that would keep TikTok running in the U.S. without selling its operations, Jack Sidders, Lisa Abramowicz, and ...

Chinese authorities appear to be softening their stance on the fate of TikTok, possibly paving the way for ByteDance to begin talks with American investors, according to a report by the Post ...

(Reuters) - Short video app TikTok's owner ByteDance seems to be slow-rolling negotiations for a sale while waiting for ...

Jan 21 (Reuters) - 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 ...