ByteDance, the Chinese owner of TikTok, has earmarked over 150 billion yuan ($20.64 billion) in capital expenditure for this ...

ByteDance released Doubao-1.5-pro, an upgrade to its flagship AI model, which it claims outperforms OpenAI's o1 in AIME.

TikTok owner ByteDance on Wednesday released an update to its flagship AI model as a global race intensified to create AI ...

ByteDance has launched an artificial intelligence (AI)-powered code editor in competition with American leaders like Cursor ...

TikTok parent ByteDance has launched an updated version of Doubao, China's most popular consumer-facing artificial ...

ByteDance reportedly plans to double down on domestic AI chips following U.S restrictions. The Chinese tech giant, however, ...

ByteDance: The main beneficiaries of the spending will be chipmakers Huawei Technologies and Cambricon Technologies plus US ...

ByteDance plans to invest over $20.64 billion in capital expenditure this year, mainly focusing on artificial intelligence ...

This significant investment demonstrates ByteDance's commitment to becoming a major player in the global AI landscape, even ...

The development comes as the Beijing-based company faces pressure from the US government to sell its social media app TikTok.

ByteDance, the Chinese tech giant behind TikTok, has set aside over 150 billion yuan ($20.64 billion) for capital expenditure ...

The privately held technology giant plans to spend about half of the amount abroad on AI-related infrastructure, primarily data centres and networking equipment ...