The administration aims to open the fund within 12 months, requiring congressional approval. TikTok’s U.S. ban is on hold for 75 days as ByteDance negotiates potential deals. WASHINGTON — President ...

The White House negotiators have indicated, though, that ByteDance values TikTok's global operations at a minimum of $200 billion, which exceeds the financial reach of the investor groups ...

Worried a ban could tarnish Biden’s legacy, outgoing administration officials had made a striking concession, telling TikTok’s China-based owner, ByteDance ... Biden White House and Justice ...

ByteDance, the parent company of the Chinese ... postpone discussions on the relaxation of the 52-hour work regulation (white-collar exemption) during dis... Tech giants hail DeepSeek's AI model ...

ByteDance is going all in on AI, planning to pump over $12 billion into AI infrastructure in 2025. That includes $5.5 billion for AI chips in China and another $6.8 billion to build up its ...

TIKTOK owner ByteDance on Wednesday (Jan 22) released an update to its flagship AI model aimed at challenging Microsoft-backed OpenAI’s latest reasoning model products, as a global race intensified to ...

A major shareholder of ByteDance, the Beijing-based owner of TikTok, said Wednesday he was confident that a deal will be reached to ensure the video-sharing app stays online in the US — and ...

WASHINGTON – General Atlantic CEO Bill Ford said on Wednesday that a deal would get done to save TikTok in the U.S. after President Donald Trump signed an executive order that halted a ban on ...

SHANGHAI -- Chinese technology company ByteDance is set to release its most lucrative smartphone app game in its home country, seeking to gain ground on rival Tencent Holdings in the world's ...

Much like Anthropic’s Computer Use, ByteDance’s new UI-TARS understands graphical user interfaces (GUIs), applies reasoning and takes autonomous, step-by-step action. Trained on roughly 50B ...

Beijing-based ByteDance (BDNCE) is looking to spend over $12B on artificial intelligence infrastructure in 2025 and has allotted a budget of RMB 40B ($5.5B) to acquire AI chips in China this year ...

BENGALURU – ByteDance is placing a big bet on artificial intelligence (AI) infrastructure as the TikTok parent plans to spend more than US$12 billion (S$16.3 billion) on AI in 2025, the ...