It was unclear how the 2025 plan compared with prior years as the private company does not disclose financial details. On Tuesday, the Financial Times reported ByteDance planned $12 billion for AI ...

General Atlantic and Blackrock are among multiple institutional investors that collectively own a 60% chunk of ByteDance. The company says its executives and employees each own 20%. Trump has ...

A Perplexity document shared with ByteDance and new investors proposed the creation of a new US holding company called ... would own up to half of the new structure. Perplexity AI – which ...

BEIJING, Jan 22 (Reuters) - TikTok owner ByteDance on Wednesday released an ... AI models capable of tackling complex problems. The company released Doubao-1.5-pro, an upgrade to its flagship ...

ByteDance plans to spend 40 billion yuan ($5.50 billion) to acquire AI chips in China in 2025, the report said, adding that the company will invest about $6.8 billion overseas to ramp up its ...

TikTok is considering alternative solutions to selling its US business, as owner ByteDance continues the fight to keep its 170 million American users after a reprieve from the Trump administration ...