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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 ByteDance logo is seen at the company's office in Shanghai, China July 4, 2023. REUTERS/Aly Song/File Photo MOSCOW, Jan 22 (Bernama-Sputnik/RIA Novosti) - Chinese company ByteDance, the owner of ...

TikTok parent company ByteDance wants the court to halt a bipartisan law that would require the company to sell the social video platform to a U.S. company. The law set a Jan. 19 deadline for that ...

An executive from Chinese social media giant ByteDance played down the role of its content-recommendation algorithms in creating so-called filter bubbles, as the company faces intense scrutiny ...

Jan 21 (Reuters) - ByteDance is placing a big bet on artificial intelligence (AI) infrastructure as the TikTok parent plans to spend more than $12 billion on AI in 2025, the Financial Times ...

ByteDance, the parent company of TikTok and Douyin, is set to invest 4.5 billion yuan (US$614 million) in a new computing centre in the city of Datong, in northern Shanxi province, as China’s ...

ByteDance, the Chinese owner of TikTok, has earmarked over 150 billion yuan ($20.64 billion) in capital expenditure for this year, much of which will be centred on artificial intelligence, two ...

While SpaceX is the most valuable private company in the world, the funding round could push OpenAI up to second spot alongside Chinese tech giant ByteDance. OpenAI currently ranks as the third ...

BEIJING (Reuters) -ByteDance, the Chinese owner of TikTok, has earmarked over 150 billion yuan ($20.64 billion) in capital expenditure for this year, much of which will be centred on artificial ...

The Chinese artificial intelligence firm DeepSeek has rattled markets with claims that its latest AI model, R1, performs on a ...