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ByteDance, AI
Exclusive: ByteDance plans $20 billion capex in 2025, mostly on AI, sources say
ByteDance, the Chinese owner of TikTok, has earmarked over 150 billion yuan ($20.64 billion) in capital expenditure for this year, much of which will be centred on artificial intelligence, two people briefed on the matter said.
FirstFT: ByteDance plans to spend $12bn on AI chips this year
Also in today’s newsletter, Trump warns Putin to reach Ukraine ‘deal’ soon, and Pakistan to seek extradition of billionaire tycoon from UAE
ByteDance plans $20 billion capex in 2025, mostly on AI, sources say
ByteDance plans to invest over $20.64 billion in capital expenditure this year, mainly focusing on artificial intelligence infrastructure such as data centers and networking equipment. This spending aims to bolster AI capabilities both domestically and internationally,
ByteDance plans to invest $12 billion on AI chips this year
According to the Financial Times, ByteDance is planning to invest over $12 billion in artificial intelligence infrastructure in 2025. Sources familiar
14h
ByteDance releases new AI reasoning model in a bid to challenge OpenAI
ByteDance released Doubao-1.5-pro, an upgrade to its flagship AI model, which it claims outperforms OpenAI's o1 in AIME.
3h
ByteDance’s UI-TARS can take over your computer, outperforms GPT-4o and Claude
UI-TARS understands graphical user interfaces (GUIs), applies reasoning and takes autonomous, step-by-step action.
12h
China’s most popular AI app gets facelift with ByteDance’s Doubao 1.5
TikTok parent ByteDance has launched an updated version of Doubao, China’s most popular consumer-facing artificial ...
The Next Platform
12h
OpenAI Declares Its Hardware Independence (Sort Of) With Stargate Project
The dependency dance between AI pioneer OpenAI and the Microsoft Azure cloud and the application software divisions of its ...
1d
ByteDance Unveils Upgraded Model Behind Its AI Chatbot
TikTok owner ByteDance has released upgrades to its large language model, which powers its AI chatbot, marking the social media giant's latest efforts to lead the global AI race. ByteDance's ...
Yicai Global
22h
Chinese AI Firms Debut New LLMs to Rival OpenAI's Powerful O1 in Math and Coding
Beijing-headquartered Moonshot AI claims that Kimi K1.5 has caught up with OpenAI's O1, which debuted last month, in ...
2d
ByteDance launches AI code editor based on Microsoft software as TikTok ban is delayed
ByteDance has launched an artificial intelligence (AI)-powered code editor in competition with American leaders like Cursor ...
15h
on MSN
AI apps saw over $1 billion in consumer spending in 2024
Demand for generative AI help drive consumer spending on apps to $150 billion globally in 2024, up 13% from the prior year.
7h
on MSN
With Trump's TikTok extension, new potential U.S. buyers emerge
YouTuber MrBeast, X owner Elon Musk and Oracle Chairman Larry Ellison are names that have floated around in the past week.
40m
on MSN
OpenAI vs Indian courts: ChatGPT maker says its legal obligations are only in US
US AI giant OpenAI has told an Indian court that Indian judiciary doesn’t have jurisdiction over a copyright breach case ...
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