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BYTEDANCE DOUBAO
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...
ByteDance in talks with China's Iluvatar CoreX to purchase AI chipsByteDance, the influential technology entity known for its innovative platforms, is reportedly in discussions to acquire AI chip technology...
Seres-backed Saidou launches smart EV brand, partners with ByteDanceSaidou Technology, backed by Seres Group, has launched its AIVA artificial intelligence auto brand. The company is partnering with ByteDanc...
TikTok billionaire overtakes Mukesh Ambani as Asia’s second-richest personZhang’s net worth climbed to $92.8 billion, cementing his position as China’s richest person, according to the Bloomberg Billionaires Index...
DeepSeek slated to draw $7 billion in maiden fundraising, sources sayThe fundraising could value the company after the investment at between 350 billion yuan and 400 billion yuan, or between $52 billion and...
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...
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. ...
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...
HSG's continuation fund to value ByteDance at up to $370 billion: ReportHSG, formerly Sequoia Capital China, is reportedly launching a new fund. This fund is expected to buy some of its shares in TikTok's parent...
ByteDance rolls out AI voice assistant for Chinese smartphonesByteDance is rolling out a new AI voice assistant, powered by its Doubao model, starting with ZTE’s Nubia M153 smartphone. The tool handles...
Baidu launches AI video generator, overhauls search featuresOver the past year, artificial intelligence heavyweights like OpenAI and big global tech companies have been expanding beyond chatbots to t...
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...
TikTok owner ByteDance, DeepSeek lead Chinese push in AI reasoningThe company released Doubao-1.5-pro, an upgrade to its flagship AI model, which it claims outperforms OpenAI's o1 in AIME, a benchmark test...
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...