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 ...

He made a run at banning the app back in 2020 because he believed its owner, the Chinese company ByteDance, employs an algo that allegedly spied on American users for Beijing. The Chinese ...

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 ...

In exploring what they stand to lose if ByteDance doesn’t secure an American buyer for TikTok, brands and influencers share ...

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 ...

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.

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 ...

Business owners and influencers received a temporary reprieve but still face uncertainty as Trump's order lifts after 75 days ...