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ByteDance to invest $12 billion in AI infrastructure
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
ByteDance to invest $12 billion in AI infrastructure by 2025- FT
ByteDance, the parent company of TikTok, plans to invest over $12 billion in artificial intelligence (AI) infrastructure by 2025, according to the Financial Times. This strategic move comes amidst pressure from Washington for the Chinese firm to sell its popular video-sharing app in the United States.
ByteDance Bets Big: A $12 Billion AI Infrastructure Investment
ByteDance, the company behind TikTok, is set to significantly invest in AI infrastructure with plans to spend over $12 billion by 2025. Facing U.S. pressures, the company is focusing on acquiring AI chips in China and training models overseas,
ByteDance to Invest $12B in AI Infrastructure Amid U.S. Pressure
ByteDance, TikToks parent company, is reportedly gearing up for a $12 billion investment in artificial intelligence (AI) infrastructure in 2025, according to the Financial Times. This strategic move follows U.
TikTok owner ByteDance plans to spend $12 bln on AI chips in 2025, FT reports
ByteDance is placing a big bet on artificial intelligence (AI) infrastructure as the TikTok parent plans to spend more than $12 billion on AI in 2025, the Financial Times reported on Tuesday, citing sources.
ByteDance plans to invest $12bn in AI infrastructure
The development comes as the Beijing-based company faces pressure from the US government to sell its social media app TikTok.
ByteDance Denies TikTok Owner Plans to Invest USD12 Billion in AI Infrastructure in 2025
(Yicai) Jan. 22 -- A ByteDance company representative has rebutted a report that the Chinese owner of TikTok plans to make an over USD12 billion investment in infrastructure for artificial intelligence this year.
TikTok owner ByteDance plans to spend $12bn on AI chips in 2025
TikTok owner ByteDance plans to spend more than $12bn on artificial intelligence infrastructure this year, betting on the cutting-edge technology for new growth while under pressure from Washington to sell its popular video-sharing app in the US.
8d
on MSN
Nvidia's next multibillion-dollar opportunity is hiding in plain sight
Nvidia's GeForce Now expansion is coming at a good time thanks to the growing spending on cloud gaming. Financial advisory ...
Digi Times
2d
Is Broadcom Samsung's beacon of hope amid Nvidia's challenges?
Nvidia CEO Jensen Huang stated that Samsung Electronics (Samsung) must develop a "new design" to pass Nvidia's qualification, ...
1d
on MSN
Bluesky and X launch new video feeds amid TikTok uncertainties
Bluesky also gave a shout-out to AT Protocol developers — the decentralized protocol that Bluesky relies on — who are using ...
7d
on MSN
Nvidia-backed AI video platform Synthesia doubles valuation to $2.1 billion
Synthesia CEO Victor Riparbelli told CNBC his company isn’t “dependent” on venture capital, unlike companies such as OpenAI ...
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