ByteDance cofounder Zhang Yiming has become China’s richest man as investors bet on companies with AI potential.

Even though the President did not mention which four companies are involved, he did mention that a 'lot of people want it' ...

ByteDance offers $189.90 per share in new buyback program Valuation increase reflects recovery from 2023 drop Share price implies $315 billion for ByteDance March 4 (Reuters) - TikTok's parent ...

TL;DR: Broadcom's ByteDance AI accelerator project was canceled amid tightened US semiconductor restrictions on China. Broadcom has reportedly seen its huge ByteDance project canceled, after the ...

TikTok’s parent company ByteDance’s valuation has jumped to approximately $315 billion in the latest share buyback announced by the company.

This time it is ByteDance, the parent company of TikTok, which has reportedly hired a key Google AI researcher. When talking about AI, ByteDance is probably not the first name that comes to mind.

TikTok sibling Douyin – which had 880 million monthly active users in January, according to market research firm Analysys Qianfan – recently allowed selected users to initiate conversations ...

As TikTok fights to keep its popular video app available in the US, investors in parent company ByteDance Ltd. are being forced to re-evaluate financial prospects for a business valued at more ...

Every Wednesday and Friday, TechNode’s Briefing newsletter delivers a roundup of the most important news in China tech, straight to your inbox. Sign up Cao Dapeng, former head of PopAI at 01.AI, has ...