The Beijing-based company has budgeted Rmb40bn ($5.5bn) to acquire AI chips in China in 2025, said two people familiar with ...

TikTok owner ByteDance plans to spend more than $12 billion on artificial intelligence infrastructure this year, betting on ...

The first proposal, which ByteDance hasn't responded to, sought to create a new structure that would merge San Francisco-based Perplexity with TikTok's U.S. business and include investments from ...

Elon Musk has suddenly dropped a bombshell in the form of an email to his staff at popular social media app X that he owns.

Business Insider understands — a move that would value the ChatGPT maker the same as TikTok owner ByteDance. The Japanese investment giant is in talks to invest up to $25 billion in OpenAI ...

TikTok is considering alternative solutions to selling its US business, as owner ByteDance continues the fight to keep its ...

Perplexity AI submitted a revised merger proposal to TikTok’s Chinese parent ByteDance as the popular video-sharing app stares down a national ban, according to multiple reports. Under the new ...

ByteDance's Doubao has emerged as a leading contender in China's competitive AI chatbot landscape. In December 2024, Doubao ...

A major shareholder of ByteDance, the Beijing-based owner of TikTok, said Wednesday he was confident that a deal will be reached to ensure the video-sharing app stays online in the US — and ...

While Trump gained praise from users for the reprieve, he faces long-time skeptics in his own Republican Party about what ...

Liang Wenfeng’s quant trading hedge fund High-Flyer uses artificial intelligence to predict market trends and help make ...