SoftBank's investment in OpenAI may position the company as the world's joint-second most valuable private tech firm after ...

See Also: Samsung, Google Team Up On AR Glasses Development, Duo To Enter Race Against Meta And Apple Why It Matters: This substantial investment is part of ByteDance’s strategy to expand its AI ...

President Donald Trump said late Monday he hoped there would be a “bidding war” for TikTok, claiming Microsoft is now among the companies interested in buying ByteDance’s popular social ...

The $6.8bn in overseas investment was budgeted to build out ByteDance’s AI computing capacity for model training. This investment could face challenges from recently expanded US export controls ...

ByteDance said: "the anonymously sourced information about our spending is incorrect." It didn't elaborate. Nvidia declined to comment. Huawei and Cambricon did not immediately respond to requests ...

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 ...

TikTok owner ByteDance is reportedly still searching ... artificial intelligence infrastructure project through a joint investment with OpenAI, Oracle, and SoftBank. Trump called the investment ...

The overseas investment was budgeted to build out ByteDance’s AI computing capacity for model training, which could face challenges from recently expanded U.S. export controls designed to hamper ...

Perplexity AI submitted a revised merger proposal to TikTok’s Chinese parent ByteDance as the popular video-sharing app stares down a national ban, according to multiple reports. Under the new ...

BEIJING, Jan 22 (Reuters) - TikTok owner ByteDance on Wednesday released an update to its flagship AI model aimed at challenging Microsoft-backed OpenAI’s latest reasoning model products ...

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 ...