ByteDance cofounder Zhang Yiming has become China’s richest man as investors bet on companies with AI potential.

The construction of Hon Hai Precision Industry Co’s (鴻海精密) massive artificial intelligence (AI) server plant near Guadalajara ...

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TL;DR: Broadcom's ByteDance AI accelerator project was canceled amid tightened US semiconductor restrictions on China. Broadcom has reportedly seen its huge ByteDance project canceled, after the ...

ByteDance offers $189.90 per share in new buyback program Valuation increase reflects recovery from 2023 drop Share price implies $315 billion for ByteDance March 4 (Reuters) - TikTok's parent ...

Every Wednesday and Friday, TechNode’s Briefing newsletter delivers a roundup of the most important news in China tech, straight to your inbox. Sign up Cao Dapeng, former head of PopAI at 01.AI, has ...

As TikTok fights to keep its popular video app available in the US, investors in parent company ByteDance Ltd. are being forced to re-evaluate financial prospects for a business valued at more ...

TikTok owner ByteDance is restructuring its artificial intelligence (AI) department after having poached an expert from Google to lead foundation research, according to employees of the Chinese ...

TikTok's parent company ByteDance is offering to buy back shares at a higher valuation than six months ago as it launches a new share repurchase program for U.S. employees this week, two people ...

TikTok’s parent company ByteDance’s valuation has jumped to approximately $315 billion in the latest share buyback announced by the company. The news was first reported by Reuters, citing ...