ByteDance plans $14 billion Nvidia AI chip investment amid China export shifts, boosting AI, cloud, and chip development.
Nvidia ($NVDA) is closing out the year with a major AI win. ByteDance, the parent company of TikTok, is reportedly targeting ...
ByteDance plans to spend about 100 billion yuan ($14.29 billion) on artificial intelligence chips from Nvidia in 2026, a ...
In a memo to staff reviewed by Reuters, TikTok CEO Shou Zi Chew confirmed that all US data “will be stored in a trusted and ...
ByteDance is reportedly preparing to invest about CNY100 billion (US$14.3 billion) in AI chips in 2026, primarily purchasing ...
TikTok's parent is out-earning expectations, sealing US deals, and drawing sky-high private valuations as AI ambitions accelerate.
ByteDance is set to invest around US$14 billion in Nvidia's artificial intelligence chips in 2026, marking a significant ...
ByteDance plans to spend approximately $14.3 billion on NVIDIA AI chips in 2026. The plan supports increased AI computing for ...
ByteDance Ltd. is on track for profits of roughly $50 billion in 2025, capping a record year for a Chinese social media leader making major inroads into e-commerce and new markets.
A total of 120 employees were fired for violating the company's red line, as part of an internal crackdown on misconduct ...
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ByteDance to purchase $14B worth of Nvidia AI chips in 2026
ByteDance has announced plans to buy $14 billion worth of Nvidia H200 chips in 2026 as its computing needs across its apps ...
Investing.com-- China’s ByteDance is planning a sharp increase in spending on artificial intelligence chips next year, with a budget of about 100 billion yuan ($14 billion) earmarked for purchases ...
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