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 ...
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ByteDance plans to pump $20bn capex mostly into AI as it defends its AI lead in China
Chinese ByteDance reportedly plans a $20 billion capital expenditure in 2025, mainly targeting AI as the tech giant seeks to defend its AI lead back home. Sources who spoke to Reuters revealed the ...
Report: ByteDance sets aside about $20B for AI spending this year
TikTok’s parent company ByteDance Ltd. has set aside 150 billion yuan ($20.64 billion) for its capital expenditure this year, and the bulk of that money will be spent on boosting its artificial ...
TikTok owner goes all-in on AI: ByteDance earmarks $20B for global expansion
ByteDance, the Chinese parent company of TikTok, has earmarked over 150 billion yuan ($20.64 billion) for capital ...
TechCrunch24d
ByteDance appears to be skirting US restrictions to buy Nvidia chips: Report
ByteDance is technically adhering to these restrictions by using a loophole: The company isn’t bringing the chips directly to China and is instead storing them in data centers located in other ...
Datacenter Dynamics9d
ByteDance to develop $614m AI data center in Shanxi province, China
TikTok-owner ByteDance is set to invest $614 million in developing a new data center in Datong, China. First reported by the South China Morning Post (SCMP), the company is looking to increase compute ...
TikTok parent ByteDance sets aside $12B to spend on AI chips this year - FT
ByteDance (BDNCE) is looking to spend over $12B on artificial intelligence infrastructure in 2025 and has allotted a budget ...
SiliconANGLE23d
TikTok parent ByteDance plans to spend $7B on cloud-based GPUs this year to fuel its AI ambitions
It doesn’t seek to buy any chips, but rather just rent access to them via data centers located outside of mainland China. ByteDance’s plans were reported by The Information, which cites a ...
Datacenter Dynamics22d
ByteDance could spend $7bn to access Nvidia Blackwell chips outside China – report
Citing two people involved with the plan, the latest report from The Information claims ByteDance co-founder Zhang Yiming has held discussions with data center operators in regions including Southeast ...
CRN4y
Microsoft Is Leasing The Most Data Center Capacity In US
Data center leasing capacity in the U.S. tripled in 2020 with Microsoft, Facebook and Bytedance (TikTok) leasing the most from multi-tenant data center operators. Multi-tenant data center ...
Newsweek4d
TikTok Ban: Full List of Other Apps That Have Gone Dark
Video-sharing app TikTok wasn't the only platform owned by Chinese company ByteDance that went offline ... indicated that he will work with us on a solution to reinstate TikTok once he takes ...
Wired5d
It’s Not Just TikTok: These Other ByteDance Apps Are Gone Too
TikTok is no longer available in the United States—at least for now. But it’s not the only ByteDance-owned app that’s currently blocked for US-based users. Shortly before the federally ...