With ByteDance reportedly allocating up to 40 billion yuan ($5.5 billion) for AI chip purchases in China, Tencent is also set to boost its capital expenditure in 2025, according to Reuters. The report suggests that the Chinese tech giant intends to do so to speed up AI development and infrastruct...

Although there were previous concerns that DeepSeek might slow down the AI chip market, according to Reuters, Chinese companies are ramping up orders for NVIDIA’s H20 AI chips due to the growing demand for DeepSeek’s low-cost AI models. The report, citing sources, highlights that in response ...

According to Commercial Times, citing Chinese media outlet Science and Technology Innovation Express News, the global sensation brought by DeepSeek has heightened enthusiasm for AI among China’s internet and technology giants. These companies have been actively recruiting AI talent. As enterprises...

Under the influence of large AI models, AI infrastructure projects are booming worldwide. OpenAI has announced the launch of a $500 billion "Stargate" plan, while ByteDance is reportedly allocating significant funds to build and enhance its AI infrastructure. Although there are differing opinions...

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 ...