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ByteDance plans to pump $20bn capex mostly into AI
Exclusive: ByteDance plans $20 billion capex in 2025, mostly on AI, sources say
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 artificial intelligence, two people briefed on the matter said.
ByteDance plans $20 billion capex in 2025, mostly on AI, sources say
ByteDance plans to invest over $20.64 billion in capital expenditure this year, mainly focusing on artificial intelligence infrastructure such as data centers and networking equipment. This spending aims to bolster AI capabilities both domestically and internationally,
ByteDance plans to pump $20bn capex mostly into AI as it defends its AI lead in China
Chinese ByteDance reportedly plans a $20 billion capital expenditure in 2025, mainly targeting AI as the tech giant seeks to defend its AI lead back home. Sources who spoke to Reuters revealed the TikTok owner will pump a significant chunk of the total money (150 billion yuan or $20 billion) abroad into AI infrastructure development.
ByteDance earmarks $20B for global expansion
TikTok owner goes all-in on AI: ByteDance earmarks $20B for global expansion
ByteDance, the Chinese parent company of TikTok, has earmarked over 150 billion yuan ($20.64 billion) for capital expenditures in 2025, with a substantial portion of the funds being directed toward artificial intelligence,
TikTok owner ByteDance, DeepSeek lead Chinese push in AI reasoning
TikTok owner ByteDance on Wednesday released an update to its flagship AI model as a global race intensified to create AI models capable of tackling complex problems.
TikTok owner ByteDance powered an e-reader’s unhinged AI assistant
But the model is only meant to be used within China’s mainland, a ByteDance spokesperson told TechCrunch. The e-reader’s China-based manufacturer, Onyx International, which sells Boox e-readers in both China and to the U.
6d
on MSN
All the Apps ByteDance Operates in the US
TikTok, owned by ByteDance, is on the verge of being banned in the United States. The thing is, the government could go after ...
4d
Marvel Snap Gets Caught in Crossfire of the US’ TikTok Ban (Updated)
The U.S. government's ban against ByteDance products has hit folks hard, but Second Dinner says Marvel Snap "isn't going ...
4d
on MSN
TikTok Ban: Full List of Other Apps That Have Gone Dark
Users in the U.S. cannot access several apps owned by Chinese company ByteDance as new legislation comes into effect.
1d
China's most popular AI app gets facelift with ByteDance's Doubao 1.5
TikTok parent ByteDance has launched an updated version of Doubao, China's most popular consumer-facing artificial ...
Spotify
1d
ByteDance eyes $12B AI chip investment this year amid TikTok uncertainty (report)
As TikTok faces uncertainty and mounting pressure in the US, its parent company ByteDance plans an ambitious $12 billion ...
2d
on MSN
With TikTok's fate in limbo, here are the 3 best CapCut alternatives
Several other ByteDance-owned apps went offline along with it, including the popular video editing app CapCut. With the app's ...
3d
on MSN
TikTok Ban Live Updates: Trump Halts Ban For 75 Days—After CEO Attends Inauguration
The app’s availability in the U.S. has been thrown into jeopardy over data privacy and national security concerns.
PCMag on MSN
4d
Instagram Capitalizes on CapCut's Demise by Teasing New 'Edits' Video-Editing App
Meta is taking advantage of ByteDance's CapCut being pulled from US app stores this weekend by teasing its own video-editing ...
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