ByteDance plans to spend $12bn on AI chips this year

FirstFT: ByteDance plans to spend $12bn on AI chips this year
Also in today’s newsletter, Trump warns Putin to reach Ukraine ‘deal’ soon, and Pakistan to seek extradition of billionaire tycoon from UAE
TikTok owner ByteDance plans to spend $12 billion on AI chips in 2025, FT reports
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 Tuesday, citing sources.
ByteDance eyes $12B AI chip investment this year amid TikTok uncertainty (report)
As TikTok faces uncertainty and mounting pressure in the US, its parent company ByteDance plans an ambitious $12 billion investment in artificial
TikTok parent ByteDance sets aside $12B to spend on AI chips this year - FT
Beijing-based ByteDance (BDNCE) is looking to spend over $12B on artificial intelligence infrastructure in 2025 and has allotted a budget of RMB 40B ($5.5B) to acquire AI chips in China this year, the Financial Times reported Tuesday,
ByteDance plans to invest $12bn in AI infrastructure
The development comes as the Beijing-based company faces pressure from the US government to sell its social media app TikTok.
ByteDance to invest $12 billion in AI infrastructure by 2025- FT
ByteDance, the parent company of TikTok, plans to invest over $12 billion in artificial intelligence (AI) infrastructure by 2025, according to the Financial Times. This strategic move comes amidst pressure from Washington for the Chinese firm to sell its popular video-sharing app in the United States.
ByteDance releases new AI reasoning model in a bid to challenge OpenAI
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China's most popular AI app gets facelift with ByteDance's Doubao 1.5
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ByteDance's Bold AI Investment
ByteDance, the owner of TikTok, plans to invest $12 billion in AI chip technology by 2025. This strategic move indicates the ...
AI apps saw over $1 billion in consumer spending in 2024
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ByteDance launches AI code editor based on Microsoft software as TikTok ban is delayed
ByteDance has launched an artificial intelligence (AI)-powered code editor in competition with American leaders like Cursor ...
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ByteDance's $12 Billion Bet on AI: A New Era of Tech Innovation
ByteDance, the owner of TikTok, plans to invest over $12 billion in AI infrastructure in 2023. This strategic move aims to ...
ByteDance Unveils Upgraded Model Behind Its AI Chatbot
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TikTok owner ByteDance powered an e-reader’s unhinged AI assistant
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It’s Not Just TikTok: These Other ByteDance Apps Are Gone Too
TikTok is no longer available in the United States —at least for now. But it’s not the only ByteDance-owned app that’s ...
TikTok owner ByteDance, DeepSeek lead Chinese push in AI reasoning
TikTok owner ByteDance on Wednesday released an update to its flagship AI model as a global race intensified to create AI ...