SoftBank is preparing to lead fresh investment into OpenAI at a $300 billion valuation, Business Insider understands — a move ...

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 ...

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 ...

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 ...

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 ...

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 ...