Nvidia ($NVDA) is closing out the year with a major AI win. ByteDance, the parent company of TikTok, is reportedly targeting ...
Nvidia shares are drifting but reports of strong demand for its artificial-intelligence processors in China could point the ...
ByteDance plans to spend approximately $14.3 billion on NVIDIA AI chips in 2026. The plan supports increased AI computing for ...
(Reuters) -China's ByteDance is buying back shares from U.S. employees in a deal that values the TikTok parent company at $223.5 billion, about 26% lower than a valuation a year earlier, a source ...
ByteDance, the Chinese owner of short video app TikTok, will allow shares owned by U.S. employees to vest without waiting for the company to list in the stock market, thereby letting them cash out, ...
The Beijing-based company has drawn up preliminary plans to spend about 160 billion yuan ($23 billion) in capital expenditure in 2026, up from roughly 150 billion yuan invested in AI infrastructure ...
TikTok parent ByteDance intends to sell 4.389 million shares in Zhangyue, the owner of the digital reading platform iReader, marking its third stock setback since becoming the company’s third-largest ...
We’re heading into the holidays, when a look back at 2025 seems natural (and a good way to make up for the relative lack of ...
The Chinese tech giant behind TikTok, ByteDance, will be laying off hundreds of workers in its video games division, new reports showed. ByteDance originally confirmed layoffs from its video game ...