Subject


ByteDance


2025-01-23

[News] TikTok Parent ByteDance to Invest USD 12 Billion in AI Chips by 2025, With Expenditure in China Doubling

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 ...

2025-01-06

[News] CES 2025: China Maintains Strong Presence Despite Key Absences Amid U.S.-China Tech War

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...

2024-12-31

[News] ByteDance Reportedly Plans USD 7 Billion NVIDIA AI Chip Purchase in 2025 despite U.S. Restrictions

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...

2024-11-25

[News] TikTok Consults Elon Musk Amid U.S. Ban Threat Ahead of Incoming Trump Administration

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...

2024-11-21

[News] Chinese Tech Giants Ramp Up Silicon Valley AI Talent Hunt amid U.S. Restrictions

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...

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