ByteDance earmarks $20B for global expansion

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 models capable of tackling complex problems.
TikTok owner ByteDance powered an e-reader’s unhinged AI assistant
But the model is only meant to be used within China’s mainland, a ByteDance spokesperson told TechCrunch. The e-reader’s China-based manufacturer, Onyx International, which sells Boox e-readers in both China and to the U.
TikTok owner goes all-in on AI: ByteDance earmarks $20B for global expansion
ByteDance, the Chinese parent company of TikTok, has earmarked over 150 billion yuan ($20.64 billion) for capital expenditures in 2025, with a substantial portion of the funds being directed toward artificial intelligence,
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.
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,
TikTok ‘unavailable’ in Apple stores until sold to US buyer. What are alternatives for US users?
TikTok was banned in the U.S. due to national security concerns over its Chinese ownership, prompting federal action ...
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 ...
Exclusive-ByteDance plans $20 billion capex in 2025, mostly on AI, sources say
ByteDance, the Chinese owner of TikTok, has earmarked over 150 billion yuan ($20.64 billion) in capital expenditure for this ...
TikTok buyers line up as Trump, China signal openness to deal
Potential TikTok buyers are lining up as President Trump and the Chinese government show heightened interest in striking a ...
US TikTok users scramble, despair as Bytedance signals app shutdown
Disappointment, denial and confusion flooded US TikTok upon hearing that Chinese owner ByteDance planned to shut off the app ...
MrBeast isn’t in the bidding race for TikTok just yet—but ‘several buyers are holding ongoing discussions with Jimmy Donaldson’
After the bipartisan TikTok law was signed by former President Joe Biden in April, ByteDance said it did not have plans to ...
UK tech minister expresses concern over TikTok
Britain's technology minister is "genuinely concerned" about how Chinese-owned TikTok could use the data of millions of Britons, according to an interview with The Guardian newspaper published ...
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 ...