Shanghai.China-Jan. 9th 2022: close up ByteDance company logo on office building. A Chinese information technology (IT) company. Developer of TikTok. Credit: 123rf ByteDance has refuted a report by ...

TikTok parent company ByteDance has big plans to buy Nvidia chips in 2025 — despite U.S. restrictions. ByteDance plans to spend $7 billion on the chips in 2025, according to reporting from The ...

TikTok owner ByteDance was China’s biggest investor in technologies including artificial intelligence (AI) in 2024, with its outlay almost matching the combined spending of rivals Baidu ...

ByteDance continues to use Nvidia’s (NVDA) most advanced artificial intelligence chips despite U.S. efforts to block Chinese companies from using them, The Information’s Qianer Liu and Juro ...

TikTok parent company ByteDance has big plans to buy Nvidia chips in 2025 — despite U.S. restrictions. ByteDance plans to spend $7 billion on the chips in 2025, according to reporting from The ...

Founded in 2012, ByteDance is a Chinese internet technology company behind the apps TikTok, its Chinese counterpart Douyin, and news platform Toutiao. It also owns the video game developers and ...

In 2022, the US imposed export restrictions on certain types of AI chips to select countries, including China where ByteDance is based. These restrictions have been tightened several times since ...

TikTok owner ByteDance has emerged as China’s largest investor in 2024, committing an estimated 80 billion yuan (US$11 billion) to technological advancements, including artificial intelligence.

A Moscow court has fined TikTok three million roubles (around $28,930) for failing to comply with Russian legal restrictions on the distribution of specific types of information, according to a ...