TikTok parent company ByteDance has big plans to buy Nvidia chips in 2025 — despite U.S. restrictions. ByteDance plans to spend $7 billion on the chips in 2025, according to reporting from The ...
ByteDance did not immediately return a request for comment from Business Insider on Sunday. The TikTok owner's push to acquire more Nvidia chips is part of the company's broader effort to ...
China-based ByteDance and its short-video ... Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations ...
TikTok owner ByteDance has emerged as China’s largest investor in 2024, committing an estimated 80 billion yuan (US$11 billion) to technological advancements, including artificial intelligence.
TikTok owner ByteDance was China’s biggest investor in technologies including artificial intelligence (AI) in 2024, with its outlay almost matching the combined spending of rivals Baidu ...
A judge said this week that a former executive at ByteDance seemed to have fabricated evidence and submitted false statements in a high-profile 2023 lawsuit against the company. By Sapna ...