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ByteDance plans to pump $20bn capex mostly into AI

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 year, much of which will be centred on artificial intelligence, two people briefed on the matter said.

Cryptopolitan on MSN · 7h

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 TikTok owner will pump a significant chunk of the total money (150 billion yuan or $20 billion) abroad into AI infrastructure development.

GlobalData on MSN · 1d

ByteDance plans to invest $12bn in AI infrastructure

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

ByteDance earmarks $20B for global expansion

Hosted on MSN · 1d

TikTok owner ByteDance, DeepSeek lead Chinese push in AI reasoning

TikTok owner ByteDance on Wednesday released an update to its flagship AI model aimed at challenging Microsoft-backed OpenAI’s latest reasoning model products, as a global race intensified to create AI models capable of tackling complex problems.

TechCrunch on MSN · 8d

TikTok owner ByteDance powered an e-reader’s unhinged AI assistant

But the model is only meant to be used within China’s mainland, a ByteDance spokesperson told TechCrunch. The e-reader’s China-based manufacturer, Onyx International, which sells Boox e-readers in both China and to the U.

invezz on MSN · 19h

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 expenditures in 2025, with a substantial portion of the funds being directed toward artificial intelligence,

2don MSN

Perplexity AI makes a bid to merge with TikTok U.S.

Perplexity AI submitted a bid on Saturday to TikTok parent ByteDance, proposing that Perplexity merge with TikTok U.S., CNBC ...

decrypt1d

Is TikTok’s Parent Company Buying $12B Worth of AI Chips?

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

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 ...

5don MSN

Perplexity AI bids to merge with TikTok US amid looming ban, source says

Search engine startup Perplexity AI submitted a bid on Saturday to TikTok's Chinese parent ByteDance for Perplexity to ...

ByteDance launches AI code editor based on Microsoft software as TikTok ban is delayed

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

5don MSN

AI company Perplexity bids to merge with TikTok to avoid ban: report

Perplexity, an artificial intelligence search engine startup, has bid to merge with TikTok U.S. so the platform can avoid ...

devdiscourse2d

ByteDance's Bold AI Investment

ByteDance, the owner of TikTok, plans to invest $12 billion in AI chip technology by 2025. This strategic move indicates the ...

newsbytesapp.com18h

ByteDance to invest over $20B in AI development this year

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

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