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BYTEDANCE AI STRATEGY
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...- DeepSeek could be valued at up to $50 billion in first fundraising: SourcesChinese AI firm DeepSeek is seeking a massive valuation of up to fifty billion dollars in its first funding drive. The company aims to rais...
- DeepSeek V4 model to use Huawei chips? But, can Huawei truly match Nvidia in power and scaleDeepSeek is moving V4 AI model to Huawei chips, reducing reliance on Nvidia hardware. This shift reflects China’s AI independence strategy ...
- Who owns TikTok in the US now?Under the arrangement, non-Chinese investors will own about 80% of the American venture. ByteDance will keep 19.9% of it. The investors, wh...
- ByteDance to spend about $14 billion in Nvidia chips in 2026: SCMPByteDance is planning a sharp rise in spending on Nvidia AI chips in 2026, according to a report by the South China Morning Post. The incre...
- China is spending billions to become an AI superpowerChina is rapidly catching up to the United States in AI. Chinese firms like DeepSeek and Alibaba are developing top-tier open-source AI sys...
- China is spending billions to become an AI superpowerChina is rapidly closing the AI gap with the U.S. through state-backed initiatives, mirroring its success in electric vehicles and solar po...
- DeepSeek's disruption triggers AI race in China as Baidu, Tencent, Alibaba ramp up effortsSince its launch in January, DeepSeek’s reasoning model has gained attention for matching the performance of global platforms such as ChatG...
- China's Baidu to make latest Ernie AI model open-source as competition heats upChina's Baidu said on Friday that it would make the next-generation artificial intelligence model Ernie open-source from June 30. Baidu CEO...
- Apple teams up with Alibaba to bring AI features for iPhones in China: ReportThe development could clear months of uncertainty over Apple's AI strategy for China, where it has been losing market share to domestic riv...
- What has Perplexity AI proposed to the US government to buy TikTok?Perplexity AI’s proposal for a TikTok merger with partial US government ownership presents a novel solution to an ongoing geopolitical chal...
- TikTok US ban: China weighs sale to Elon Musk as one possible optionChinese officials are considering Elon Musk to acquire TikTok's US operations if the app faces a ban. Musk, a prominent Trump supporter, co...
- Apple losing its mojo: World's most valued company offering hefty discounts on latest iPhone models in China, is U.S nextIn a pretty recent development it has been known that world’s one of the most valued company Apple is eventually offering some pretty huge ...
- Baidu bolsters AI lineup with text-to-image generator, no-code app builderThe country's leading search engine company is among tech firms shifting their focus to the commercialisation of large language model (LLM)...
- TikTok dials Mukesh Ambani, wants to know if he is willing to tango in IndiaIndia ops of short-video app said to be valued at $2.5-5 billion; RIL terms report ‘speculation’
- 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...
- Baidu CEO is talent shopping in IndiaBaidu is trying hard to diversify into AI tech from its Chinese-language search engine, as it falls behind the other two in the global tech...
- 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".
- In battle for talent, one startup founder tries 'unlimited' payThe company is best known for a mobile app called Jinri Toutiao, or Today's Headlines, which aggregates news and videos from hundreds of me...
- In battle for talent, one startup founder tries 'unlimited' payThe company is best known for a mobile app called Jinri Toutiao, or Today's Headlines, which aggregates news and videos from hundreds of me...
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