ByteDance, the owner of TikTok, plans to invest over $12 billion in AI infrastructure in 2023. This strategic move aims to ...

ByteDance, the owner of TikTok, plans to invest $12 billion in AI chip technology by 2025. This strategic move indicates the ...

This significant investment demonstrates ByteDance's commitment to becoming a major player in the global AI landscape, even ...

See Also: Samsung, Google Team Up On AR Glasses Development, Duo To Enter Race Against Meta And Apple Why It Matters: This substantial investment is part of ByteDance’s strategy to expand its AI ...

ByteDance said: "the anonymously sourced information about our spending is incorrect." It didn't elaborate. Nvidia declined to comment. Huawei and Cambricon did not immediately respond to requests ...

The overseas investment aims to expand ByteDance's AI computing capacity for model training. ByteDance's investment strategy may face challenges due to expanded US export controls targeting ...

ByteDance is going all in on AI, planning to pump over $12 billion into AI infrastructure in 2025. That includes $5.5 billion for AI chips in China and another $6.8 billion to build up its ...