ByteDance, the Chinese parent company of TikTok, is set to ramp up its investment in artificial intelligence (AI) to the tune of $23 billion next year amid a broader strategy to keep up with its U.S.
TipRanks on MSN
ByteDance plans to spend $23B on AI in 2026, FT reports
TikTok owner ByteDance is set to expand its outlay on AI next year, with the company making preliminary plans to spend $23B, or RMB 160B, in ...
The Larry Ellison-led company is finally set to own a stake in the popular social media platform owned by the Chinese.
The Daily Overview on MSN
TikTok approves US unit sale to Oracle and US investors
TikTok has agreed to carve out its American business into a new venture controlled by Oracle and a group of United States ...
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