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TikTok owner ByteDance plans to spend $12 billion on AI chips in 2025, FT reports
(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 ...
Alibaba Shares Climb on Report of AI Partnership With Apple in China
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Benzinga.com20d
TikTok-Parent ByteDance Plans $12 Billion AI Chip Investment In 2025 To Bolster Global AI Ambitions Amid US Export Controls: Report
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 ...
Tiktok's Chinese owner appears to be slow-rolling negotiations for sale, Washington Post reports
Short video app TikTok's owner ByteDance seems to be slow-rolling negotiations for a sale while waiting for approval from the ...
U.S. News & World Report21d
TikTok Owner ByteDance Plans to Spend $12 Billion on AI Chips in 2025, FT Reports
(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 on ...