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ByteDance, the Chinese owner of TikTok, has earmarked over 150 billion yuan ($20.64 billion) in capital expenditure for this ...

(Reuters) -ByteDance is placing a big bet on artificial intelligence (AI) infrastructure as the TikTok parent plans to spend ...

SoftBank's investment in OpenAI may position the company as the world's joint-second most valuable private tech firm after ...

The development comes as the Beijing-based company faces pressure from the US government to sell its social media app TikTok.

ByteDance, the Chinese parent company of TikTok, has earmarked over 150 billion yuan ($20.64 billion) for capital ...

According to the Financial Times, ByteDance is planning to invest over $12 billion in artificial intelligence infrastructure ...

ByteDance, the parent company of TikTok, is reportedly preparing to invest more than $12 billion in artificial intelligence ...

ByteDance, the owner of TikTok, plans to invest over $12 billion in AI infrastructure in 2023. This strategic move aims to ...

ByteDance: The main beneficiaries of the spending will be chipmakers Huawei Technologies and Cambricon Technologies plus US ...