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Exclusive-ByteDance Plans $20 Billion Capex in 2025, Mostly on AI, Sources Say
ByteDance plans to invest $12bn in AI infrastructure
ByteDance to invest $12 billion in AI infrastructure by 2025- FT
ByteDance, the parent company of TikTok, plans to invest over $12 billion in artificial intelligence (AI) infrastructure by 2025, according to the Financial Times. This strategic move comes amidst pressure from Washington for the Chinese firm to sell its popular video-sharing app in the United States.
And TikTok says it’s ready to pull the plug after the Supreme Court upheld the law banning the app unless its Chinese parent company, ByteDance, sells its U.S. operations. Here’s what to know ...
President Donald Trump's flurry of day-one actions included a reprieve for TikTok, the creation of a Department of Government Efficiency (DOGE), an order on social media "censorship," a declaration of an energy emergency, and reversal of a Biden order on artificial intelligence.
TikTok was banned and restored within the same weekend. Find out what other apps owned by ByteDance, are in limbo below. Why Was TikTok Banned in the U.S.? TikTok was banned in the U.S. due to ...
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 people briefed on the matter said.
President Donald Trump announced Monday he is withdrawing the US from the World Health Organization, in a significant move that drew criticism from public health experts on his first day back in ...
Newsweek is tracking the flurry of executive actions President-elect Trump is expected to sign on Monday. Follow along here.
Report TRUMP FIRST 100 DAYS © AP PhotoTrump takes ‘America First’ to the world stage PRESIDENT TRUMP TOOK HIS “AMERICA FIRST” DOCTRINE to the world
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The U.S. withdrawal from WHO has seismic implications on issues like prevention of future pandemics, and the stakes are especially high for Canada.
Uncover the truth about President Trump's actions on his first day in office. Did his decisions make America weaker and more vulnerable?
ByteDance (BDNCE) board member Bill Ford said the TikTok parent is exploring a deal to keep the short video app running in America without selling its operations there.
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