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BYTEDANCE AI SPENDING
Microsoft makes big AI inroads in China by selling OpenAI modelsMicrosoft is significantly growing its AI business in China, with ByteDance reportedly spending over $1 billion annually on its cloud and A...- 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...
- 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...
- Indian digital ad market likely to double to USD 22 bn by 2030: ReportIndia's digital advertising market is set for significant growth. Projections indicate it will double in five years, reaching up to 22 bill...
- ByteDance agrees to sell Moonton to Savvy Games for $6 billionByteDance has agreed to sell Moonton to Savvy Games Group for about $6 billion, shifting its focus to generative AI. The Beijing company wi...
- China's ByteDance releases Doubao 2.0 AI model for 'agent era'The company, like rival Alibaba, was caught off-guard by DeepSeek's meteoric rise to global fame during last year's Spring Festival, when S...
- All-in on AI: what TikTok creator ByteDance did nextByteDance, the Beijing-based owner of TikTok, is shifting strongly into artificial intelligence after years of legal and privacy scrutiny. ...
- A year on from DeepSeek shock, get set for flurry of low-cost Chinese AI modelsOne year after Chinese startup DeepSeek rattled the global tech industry with the release of a low-cost artificial intelligence model, its ...
- 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...
- ByteDance plans to spend $23 billion towards AI infrastructure in 2026: FTByteDance, is planning major 2026 spending on AI infrastructure, signalling the TikTok owner’s growing push into advanced artificial intell...
- TikTok owner ByteDance on track for $50 billion profit in 2025The Beijing-based parent company of TikTok is on track to hit that milestone after amassing net income of about $40 billion over the year’s...
- ByteDance aims to match Meta sales in 2025 as TikTok gains steamByteDance is aiming for 20% revenue growth in 2025, reaching $186 billion and nearing Meta’s projected earnings. Despite US pressure to div...
- 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...
- DeepSeek has rattled the AI industry; a quick look at other Chinese AI modelsChinese AI firm DeepSeek claims its R1 model rivals OpenAI's, despite resource limitations. This sparks concerns about China's AI progress,...
- 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...
- China video app Douyin Group CEO resigns to take new role within ByteDanceZhang Nan, who also uses the English first name Kelly, posted on her personal social media account on WeChat that she was resigning from th...
- Nikhil Gandhi quits as TikTok India CEO nearly a year after banNikhil Gandhi, who for the past few months was leading ByteDance’s efforts to sell TikTok’s India business, is said to be evaluating option...
- Triller’s TikTok bid will exclude India unitPegasus Tech Ventures and Lowercase Capital are the two major early investors in Triller, which is owned by Hollywood producer Ryan Kavanau...
- TikTok tug-of-war ensnares app’s affable billionaire founderThe reclusive founder has expressed his frustration with U.S. authorities to ByteDance employees. In an all-hands memo recently, Zhang said...
- TikTok, TikTok…the clock is ticking on the question whether ByteDance pays creatorsByteDance defends these practices as being part of what it calls "standard marketing practices".
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