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According to a report from TechNews, citing Financial Times, TikTok’s parent company ByteDance is making substantial investments in AI infrastructure, with plans to spend over USD 12 billion on AI chips by 2025. At the same time, ByteDance is under pressure from the U.S. government to sell its ...
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CES, the annual consumer electronics trade show in Las Vegas, is set to commence on January 7. According to a report from South China Morning Post, despite the ongoing U.S.-China tech war, the exhibition is experiencing a rebound in Chinese company participation. Over 1,300 Chinese companies, includ...
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According to a report by TechCrunch, citing The Information, despite U.S. government efforts to restrict Chinese companies from accessing cutting-edge chips, sources cited in The Information reveal that ByteDance, the Chinese parent company of the popular short video platform TikTok, plans to inves...
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According to a report from Commercial Times citing the Wall Street Journal, TikTok CEO Shou Zi Chew recently reached out to Elon Musk, who was nominated by the U.S. president-elect Donald Trump to lead the Department of Government Efficiency, to gain insights into potential technology policies under...
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According to Storm Media, citing Financial Times, several Chinese tech companies are reportedly accelerating efforts to establish AI research and development teams in Silicon Valley. They are offering lucrative incentives to attract top American talent, aiming to strengthen their R&D foundation...