TikTok took a major step toward avoiding a U.S. ban last week. Its chief executive, Shou Zi Chew, announced that the company ...
ByteDance plans to raise AI investment to Rmb160bn in 2026, focusing on chips, data centres and consumer AI growth.
ByteDance, the Chinese parent company of TikTok, is set to ramp up its investment in artificial intelligence (AI) to the tune of $23 billion next year amid a broader strategy to keep up with its U.S.
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