Source Code Capital, among the earliest backers of TikTok owner ByteDance Ltd., is halving its fundraising target to about ...
TikTok’s $300 billion-valued parent company, ByteDance, is one of the world’s busiest AI developers. It plans to spend billions of dollars on AI chips this year, while its tec ...
TikTok was banned and restored within the same weekend. Find out what other apps owned by ByteDance, are in limbo below. Why Was TikTok Banned in the U.S.? TikTok was banned in the U.S. due to ...
ByteDance is going all in on AI, planning to pump over $12 billion into AI infrastructure in 2025. That includes $5.5 billion for AI chips in China and another $6.8 billion to build up its ...
U.S. search engine startup Perplexity AI submitted a bid on Saturday to TikTok's Chinese parent ByteDance for Perplexity to merge with TikTok U.S., a source familiar with the company's plans ...
Perplexity AI submitted a bid on Saturday to TikTok parent ByteDance, proposing that Perplexity merge with TikTok U.S., CNBC has learned. The new structure would allow for most of ByteDance's ...