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ByteDance plans to pump $20bn capex mostly into AI

Exclusive: ByteDance plans $20 billion capex in 2025, mostly on AI, sources say

ByteDance, the Chinese owner of TikTok, has earmarked over 150 billion yuan ($20.64 billion) in capital expenditure for this year, much of which will be centred on artificial intelligence, two people briefed on the matter said.

Cryptopolitan on MSN · 10h

ByteDance plans to pump $20bn capex mostly into AI as it defends its AI lead in China

Chinese ByteDance reportedly plans a $20 billion capital expenditure in 2025, mainly targeting AI as the tech giant seeks to defend its AI lead back home. Sources who spoke to Reuters revealed the TikTok owner will pump a significant chunk of the total money (150 billion yuan or $20 billion) abroad into AI infrastructure development.

GlobalData on MSN · 1d

ByteDance plans to invest $12bn in AI infrastructure

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

TikTok, ByteDance

New York Post on MSN · 1d

ByteDance director confident TikTok deal will get done, sees options to avoid an outright sale

Bill Ford, the CEO of ByteDance shareholder General Atlantic, said Wednesday he was confident that a deal will be reached to ensure TikTok stays online in the US — and suggested there may be

USA TODAY on MSN · 1d

ByteDance director Bill Ford says deal coming to save TikTok in the U.S.

WASHINGTON – General Atlantic CEO Bill Ford said on Wednesday that a deal would get done to save TikTok in the U.S. after President Donald Trump signed an executive order that halted a ban on the app for 75 days.

The Hill on MSN · 18h

ByteDance board member confident deal to save TikTok in US will be reached soon

General Atlantic CEO and ByteDance board member Bill Ford said Wednesday that he believes TikTok soon will reach a deal to remain in the U.S. “It’s in everybody’s interest,” Ford said

TikTok owner ByteDance, DeepSeek lead Chinese push in AI reasoning

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

12hon MSN

Tech CEOs sound alarm on ByteDance, DeepSeek breakthroughs

CNBC's Deirdre Bosa joins 'The Exchange' with the latest details on the AI race between the U.S. and China. CNBC's Deirdre ...

Report: ByteDance sets aside about $20B for AI spending this year

TikTok’s parent company ByteDance Ltd. has set aside 150 billion yuan ($20.64 billion) for its capital expenditure this year, and the bulk of that money will be spent on boosting its artificial ...

3don MSN

RIP TikTok. Long live TikTok: A look at the ByteDance app following its flurry of fortunes

TikTok's influence has been greater than its seemingly short-lived demise. The ByteDance-owned app returns after going dark ...

2don MSN

TikTok owner ByteDance plans to spend $12 billion on AI chips in 2025, FT reports

ByteDance is placing a big bet on artificial intelligence (AI) infrastructure as the TikTok parent plans to spend more than ...

ByteDance releases new AI reasoning model in a bid to challenge OpenAI

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

ByteDance board member believes there’s a possibility to retain TikTok ownership without divesting

The deal would involve a change of control on a local level. ByteDance currently has until April 5, 2025 to divest its stake in TikTok to a ...

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ByteDance plans to pump $20bn capex mostly into AI

TikTok, ByteDance

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