TikTok’s Chinese owner set to increase capital expenditure next year in effort to further build AI infrastructure ...
TikTok owner ByteDance has made preliminary plans for capital expenditure of 160 billion yuan ($22.74 billion) in 2026 to ...
ByteDance, the owner of TikTok, plans to invest approximately 160 billion yuan ($22.74 billion) by 2026 to develop artificial intelligence infrastructure. This report by the Financial Times highlights ...
ByteDance, the Chinese parent company of TikTok, is set to ramp up its investment in artificial intelligence (AI) to the tune of $23 billion next year amid a broader strategy to keep up with its U.S.
TikTok has signed an agreement to create a US joint venture under a deal brokered by President Donald Trump that leaves the app’s Chinese owner ByteDance with direct control of its core business ...
TikTok owner ByteDance is preparing to significantly increase its investment in artificial intelligence in 2026, underscoring ...
ByteDance plans to raise AI investment to Rmb160bn in 2026, focusing on chips, data centres and consumer AI growth.
TikTok and its Chinese owner have reached a deal to restructure the US business with major investors while keeping core ...
The deal “marks the end of years of uncertainty” about TikTok’s fate in the U.S., The Associated Press said. Congress passed ...
Three major new investors, including two American groups, signed agreements with popular video app TikTok on Thursday, ...
(Reuters) - TikTok owner ByteDance has made preliminary plans for capital expenditure of 160 billion yuan ($22.74 billion) in 2026 to build artificial intelligence infrastructure, the Financial Times ...
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