US stocks today: S&P 500 hits record closing high on AI optimism, Micron joins $1 trillion clubUS stocks closed mixed with Nasdaq and S&P 500 hitting record levels as AI-driven optimism lifted tech and chip stocks. Micron surged into ...
27 May, 2026, 01.38 AM IST
Qualcomm strikes AI chip deal with TikTok owner ByteDance: Bloomberg NewsAmerican chipmaker Qualcomm has struck an AI chip deal with TikTok owner ByteDance, according to a Bloomberg News report
26 May, 2026, 08.28 PM IST
US clears H200 chip sales to 10 China firms as Nvidia CEO looks for breakthroughDespite US approval for around 10 Chinese firms to buy Nvidia's H200 AI chips, no deliveries have occurred. CEO Jensen Huang's China trip, ...
15 May, 2026, 09.59 AM IST
Tencent revenue and profit miss on higher AI investmentTencent Holdings announced first-quarter results below market expectations. Revenue and net profit missed forecasts. Gaming revenue saw gro...
13 May, 2026, 06.49 PM IST
ByteDance targets 25% rise in AI infrastructure spendingByteDance has significantly increased its AI infrastructure spending by 25% to 200 billion yuan ($29.4 billion) this year, driven by rising...
09 May, 2026, 10.46 PM IST
Thailand's SiamAI denies exporting US AI servers to ChinaBangkok-based SiamAI has denied allegations of exporting AI servers to China, stating full compliance with US export control laws. The comp...
09 May, 2026, 11.15 AM IST
Big Chinese tech firms scramble to secure Huawei AI chips after DeepSeek V4 launchAmidst the growing competition in artificial intelligence, Chinese tech behemoths are racing to secure Huawei's Ascend 950 AI chips. The ur...
29 Apr, 2026, 12.33 PM IST
China’s Meta backlash renders Manus model ‘officially dead’Beijing's order for Meta to unwind its $2 billion takeover of AI startup Manus signals a new era of regulatory scrutiny for China's tech in...
29 Apr, 2026, 11.05 AM IST
How China block of AI deal could stop 'Singapore-washing'China has blocked Meta's acquisition of Singapore-based AI firm Manus, signaling a crackdown on "Singapore-washing." This move, aimed at pr...
28 Apr, 2026, 11.35 AM IST
China's ByteDance gets access to top Nvidia AI chips, WSJ reportsByteDance is working with Southeast Asian firm Aolani Cloud to deploy about 500 Nvidia Blackwell computing systems in Malaysia, totalling...
13 Mar, 2026, 08.13 PM IST
ByteDance developing AI chip, in manufacturing talks with Samsung, sources sayByteDance aims to receive sample chips by end-March, they said. The company plans to produce at least 100,000 units of the chip, designed...
11 Feb, 2026, 10.19 AM IST
ByteDance chip design staff suddenly find out they report to Singapore unit, sources sayByteDance chip design staff in China recently discovered they belong to a Singapore unit, possibly to ease access to advanced tech amid U.S...
05 Sep, 2025, 01.54 PM IST
From viral videos to AI giant: How ByteDance built a tech empireByteDance is also using the data as the linchpin of a growing business in artificial intelligence. The company has invested billions of dol...
13 Apr, 2025, 12.05 PM IST
How TikTok's parent, ByteDance, became an AI powerhouseByteDance is also using the data as the linchpin of a growing business in artificial intelligence. The company has invested billions of dol...
11 Apr, 2025, 03.44 PM IST
ByteDance plans $20 billion capex in 2025, mostly on AI, sources sayByteDance plans to invest over $20.64 billion in capital expenditure this year, mainly focusing on artificial intelligence infrastructure s...
23 Jan, 2025, 02.11 PM IST
ByteDance plans new AI model trained with Huawei chipsByteDance, TikTok's parent company, plans to develop an AI model using Huawei chips due to U.S. export restrictions on advanced AI chips. B...
30 Sep, 2024, 11.40 AM IST
China's ByteDance working with Broadcom to develop advanced AI chipChina's ByteDance collaborates with U.S. chip designer Broadcom to develop a 5nm AI processor, ensuring a stable supply of high-end chips f...
24 Jun, 2024, 09.29 AM IST