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 ...
ByteDance releases new AI reasoning model in a bid to challenge OpenAI
ByteDance released Doubao-1.5-pro, an upgrade to its flagship AI model, which it claims outperforms OpenAI's o1 in AIME.
CapCut ban update: ByteDance video editor is back for U.S. users, but it’s still not in Apple and Google app stores
The popular video-editing tool had remained dark for much of the day on Monday even after TikTok returned in the wake of ...
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 ...
TikTok owner ByteDance asks expat employees to pay Chinese tax
TikTok parent ByteDance is asking Chinese employees at its Singapore headquarters to pay tax to their home country or risk ...
TikTok owner ByteDance plans to spend $12 bln 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 ...
ByteDance director confident TikTok deal will get done, sees options to avoid an outright sale
Bill Ford, the CEO of ByteDance shareholder General Atlantic, said Wednesday he was confident that a deal will be reached to ...
Could MrBeast Become Part-Owner of TikTok? Offers and Speculation Swirl After Trump Vows to Broker Deal to ‘Save’ App From Ban
Will TikTok find a way to remain legal in the U.S. under a new ownership structure? A range of possible new owners for TikTok ...
China's most popular AI app gets facelift with ByteDance's Doubao 1.5
TikTok parent ByteDance has launched an updated version of Doubao, China's most popular consumer-facing artificial ...
ByteDance director Bill Ford says deal coming to save TikTok in the U.S.
WASHINGTON – General Atlantic CEO Bill Ford said on Wednesday that a deal would get done to save TikTok in the U.S. after President Donald Trump signed an executive order that halted a ban on the app ...
TikTok parent ByteDance sets aside $12B to spend on AI chips this year - FT
ByteDance (BDNCE) is looking to spend over $12B on artificial intelligence infrastructure in 2025 and has allotted a budget ...
TikTok’s parent company is in active discussions about a deal, board member says
A board member at TikTok’s parent company said that a deal to save the app from disappearing in the United States will be ...