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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 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 plans to invest $12bn in AI infrastructure
The development comes as the Beijing-based company faces pressure from the US government to sell its social media app TikTok.
TikTok, ByteDance and AI
ByteDance, China unlikely to agree to 50% U.S. ownership of TikTok: Expert
Evan Feigenbaum of Carnegie Endowment for International Peace believes ByteDance and Chinese officials are unlikely to agree to a 50% U.S. ownership for TikTok, given the app's algorithm is an intellectual property regulated by Beijing.
TikTok owner ByteDance plans to spend $12 billion on AI chips in 2025, FT reports
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 on Tuesday, citing sources.
TikTok parent ByteDance sets aside $12B to spend on AI chips this year - FT
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 Financial Times reported Tuesday,
Trump questions China spying threat
Trump questions China spying threat and says TikTok will 'stay around'
US President Donald Trump has downplayed the threat of the social media app TikTok being used by the Chinese government to spy on users He says the app will "stay around" and that other products made in China could just as easily be used for spying Also on Wednesday,
How TikTok became a ‘poker chip’ in a high-stakes game between Trump and China
In his first few days back in office, President Trump is talking about TikTok entirely as a deal making exercise, dropping all of his previously expressed concerns about Chinese influence and American national security.
GOP China hawks mum as Trump throws TikTok a lifeline
The Capitol Hill Republicans who pushed aggressively to ban TikTok have gone almost totally silent on President Donald Trump’s unilateral decision not to enforce the ban. Asked directly by POLITICO about Trump’s executive order to grant TikTok a reprieve in defiance of the law passed by Congress,
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 ...
1d
on MSN
ByteDance director confident TikTok deal will get done, sees options to avoid an outright sale
Bill Ford, the CEO of ByteDance shareholder General Atlantic, said Wednesday he was confident that a deal will be reached to ...
1d
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 ...
11h
ByteDance’s $12 Billion Investment in AI Infrastructure by 2025
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 ...
Digi Times
3d
ByteDance outpaces Alibaba, Baidu: a deep dive into China's evolving AI chatbot market
ByteDance's Doubao has emerged as a leading contender in China's competitive AI chatbot landscape. In December 2024, Doubao ...
2d
China softens stance on TikTok deal in US as Trump offers 75-day grace period, sources say
Chinese authorities appear to be softening their stance on the fate of TikTok, possibly paving the way for Beijing-based ...
1d
on MSN
Trump says new 10% tariff on China could come by Feb. 1, repeating November pledge
Markets were cautiously optmistic after Trump took a lighter approach to China on Monday. That sentiment lasted a day.
15h
TikTok Ban 2025: List of countries restricting the app, including China and India
As the debate around social media governance evolves with TikTok continuing to face criticism and restrictions, here's list ...
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