TikTok owner ByteDance plans to spend $12bn on AI chips in 2025
Jan 22, 2025 · About 60 per cent of ByteDance’s domestic semiconductor orders would go to Chinese suppliers such as Huawei and Cambricon, while the rest would be spent on Nvidia chips that have …
Is TikTok’s Parent Company Buying $12B Worth of AI Chips?
Jan 23, 2025 · ByteDance reportedly plans to double down on domestic AI chips following U.S restrictions. The Chinese tech giant, however, says that's false. Tiktok’s parent company, ByteDance, …
TikTok owner ByteDance plans to spend $12 billion on AI chips ...
Jan 22, 2025 · 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 reported on Tuesday,...
TikTok parent ByteDance sets aside $12B to spend on AI ... - MSN
Beijing-based ByteDance (BDNCE) is looking to spend over $12B on artificial intelligence infrastructure in 2025 and has allotted a budget of RMB 40B ($5.5B) to acquire AI chips in China this...
Chinese automakers delay plans to mass-produce self-driving ...
12 hours ago · Chinese automakers delay plans to mass-produce self-driving vehicles as Beijing becomes more cautious, after a fatal Xiaomi crash in March caused public concern — After years of …
ByteDance eyes $12B AI chip investment this year amid TikTok ...
Jan 22, 2025 · As TikTok faces uncertainty and mounting pressure in the US, its parent company ByteDance plans an ambitious $12 billion investment in artificial intelligence infrastructure for 2025.
ByteDance to Invest $12B in AI Infrastructure Amid U.S ...
Jan 22, 2025 · ByteDance, TikTok's parent company, is reportedly gearing up for a $12 billion investment in artificial intelligence (AI) infrastructure in 2025, according to the Financial Times.