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 ...
A memo reportedly reveals that the new U.S. investors may wield significantly less influence than anticipated.
The Larry Ellison-led company is finally set to own a stake in the popular social media platform owned by the Chinese.
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.