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

TikTok owner ByteDance on Wednesday released an update to its flagship AI model as a global race intensified to create AI ...

ByteDance released Doubao-1.5-pro, an upgrade to its flagship AI model, which it claims outperforms OpenAI's o1 in AIME.

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

TikTok parent ByteDance has launched an updated version of Doubao, China's most popular consumer-facing artificial ...

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

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

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

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

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

Chinese ByteDance plans a $20 billion capital expenditure in 2025, mainly targeting AI as the tech giant seeks to defend its AI lead back home.

According to the Financial Times, ByteDance is planning to invest over $12 billion in artificial intelligence infrastructure ...