Broadcom Inc. (NASDAQ:AVGO), a leading semiconductor and infrastructure software solutions provider with a substantial market ...
TikTok, with 170 million US users, faces a potential ban unless its Chinese owner, ByteDance, sells its US operations.
ByteDance, is based in China, a country the US has deemed a foreign adversary. This has sparked fears among some officials that the company could be compelled to hand over sensitive US user data ...
The plan to save TikTok involves software company Oracle and a group of outside investors effectively taking control of the ...
TikTok’s parent company ByteDance Ltd. has set aside 150 billion yuan ($20.64 billion) for its capital expenditure this year, and the bulk of that money will be spent on boosting its artificial ...
This significant investment demonstrates ByteDance's commitment to becoming a major player in the global AI landscape, even ...
ByteDance plans to invest over $20.64 billion in capital expenditure this year, mainly focusing on artificial intelligence infrastructure such as data centers and networking equipment.
The privately held technology giant plans to spend about half of the amount abroad on AI-related infrastructure, primarily data centres and networking equipment, they said. ByteDance said ...
BEIJING (Reuters) - ByteDance, the Chinese owner of TikTok ... of the amount abroad on AI-related infrastructure, primarily data centres and networking equipment, they said.
ByteDance (BDNCE) is looking to spend over $12B on artificial intelligence infrastructure in 2025 and has allotted a budget ...