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TikTok owner ByteDance plans to spend $12 billion on AI chips in 2025, FT reports
(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 reported ... said ...
OpenAI could be worth as much as TikTok owner Bytedance with SoftBank's latest investment
SoftBank's investment in OpenAI may position the company as the world's joint-second most valuable private tech firm after ...
Oracle and Microsoft are negotiating a TikTok takeover, ByteDance could retain a minority stake
The plan to save TikTok involves software company Oracle and a group of outside investors effectively taking control of the ...
Perplexity AI alters TikTok merger offer, with possibility of 50% U.S. government stake - reports
Perplexity AI revised its merger offer to TikTok parent ByteDance (BDNCE) over the weekend, with a new future IPO that could ...
Benzinga.com17d
TikTok-Parent ByteDance Plans $12 Billion AI Chip Investment In 2025 To Bolster Global AI Ambitions Amid US Export Controls: Report
reported the Financial Times, citing two people familiar with the plans. About 60% of ByteDance’s domestic semiconductor orders are expected to be fulfilled by Chinese suppliers like Huawei ...
U.S. News & World Report19d
TikTok Owner ByteDance Plans to Spend $12 Billion on AI Chips in 2025, FT Reports
(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 reported on ...