The substantial investment contrasts with reports from earlier in the week, with the Financial Times reporting that ByteDance was planning a $12 billion investment in AI infrastructure ...

A set of popular apps helped China’s ByteDance develop a key component ... according to a report by Zheshang Securities, a Chinese financial firm. The Biden administration set up rules to ...

The tech news outlet cited an unnamed person with knowledge of ByteDance financial data as saying the firm's revenue from international operations, mostly TikTok, soared 63 percent to $39 billion in ...

ByteDance (BDNCE) has seen a 63% surge in revenue from international operations to $39B in 2024, The Information reported Wednesday, citing a person with knowledge of the company’s financials.

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 ...

Catch up on the top artificial intelligence news and commentary by Wall Street analysts on publicly traded companies in the space with this ...

Information on how a billion people use the internet helped ByteDance develop advanced AI. Read more at straitstimes.com. Read more at straitstimes.com.