Susquehanna's Jeff Yass now ranks 23rd on the Bloomberg rich list with a $63 billion fortune, reflecting his early bet on TikTok-owner ByteDance.

TikTok could have one or a few new owners, be banned again, or simply get another reprieve to continue operating in the ...

Chinese tech heavyweight ByteDance announced on Thursday the launch of its new model architecture, UltraMem, which reduces the inference costs of artificial intelligence-powered models by up to 83 ...

Investopedia / Julie Bang A passive foreign investment company (PFIC) is a corporation that's located abroad and is subject to strict and extremely complicated tax guidelines. What Is a Passive ...

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This strategic investment will reinforce Truesense's growth plans in software, AI, blockchain, and platform solutions, enabling cutting-edge UWB applications across multiple industries leveraging ...

Chinese tech giants Tencent Holdings TCEHY, Alibaba Group Holdings Ltd BABA, and ByteDance have significantly increased orders for Nvidia Corporation's NVDA H20 AI chips, as the rise of DeepSeek's ...

Tencent, ByteDance and Alibaba did not respond to ... exponentially increasing inference-level compute need," said Nori Chiou, investment director at Singapore-based White Oak Capital Partners.