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

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

ByteDance, the parent company of TikTok, is reportedly preparing to invest more than $12 billion in artificial intelligence ...

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

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

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

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The investment highlights ByteDance focus on AI amid ongoing geopolitical tensions and ever-present regulatory scrutiny.

ByteDance plans to splurge more than US$12 billion on AI infrastructure this year, of which RMB40 billion (US$5.5 billion) ...

The move comes amid pressure from Washington to sell TikTok in the United States. Read more at straitstimes.com.

Investing.com -- 据英国《金融时报》报道，TikTok的母公司ByteDance计划到2025年在人工智能（AI）基础设施上投资超过120亿美元。这一战略举措正值华盛顿施压要求这家中国公司出售其在美国广受欢迎的视频分享应用之际。

Hedge fund manager and entrepreneur Liang Wenfeng built an AI model on a tight budget despite US attempts to halt China’s ...