China’s ByteDance in race with US rivals to drive artificial general intelligence
The Chinese unicorn’s Seed Edge programme reflects its aggressive investment strategy, as other major tech firms push their ...
The Star22d
Billionaire McCourt open to keeping original investors in any TikTok deal
The involvement of ByteDance founder Zhang Yiming would be subject to approval by the Committee on Foreign Investment in the United States. ByteDance did not immediately respond to a request for ...
Seeking Alpha17d
TikTok parent ByteDance sets aside $12B to spend on AI chips this year - FT
Beijing-based ByteDance (BDNCE) is looking to spend ... recent interventions in the U.S. Under the direction of founder Zhang Yiming, it has been doubling down to build out its own AI ...
The New York Times23d
From the Renegade to the Supreme Court: A Timeline of TikTok’s Rise and Fall
Zhang Yiming, a Chinese entrepreneur, founds ByteDance. He reportedly sketched the rough concept for what would become TikTok on the back of a napkin. July Alex Zhu and Luyu Yang launch Musical.ly.
The Financial Times18d
TikTok owner ByteDance plans to spend $12bn on AI chips in 2025
ByteDance, which under the direction of the tech group’s founder Zhang Yiming has become the frontrunner in China’s AI race, ...