China’s ByteDance intends to spend roughly RMB100B, or $15B, on AI chips from Nvidia (NVDA) next year, a sharp increase from roughly RMB85B this year, should the U.S. chip maker be allowed to sell its ...
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TikTok parent company ByteDance puts a stop on SeeDance 2.0 global expansion, all details here
ByteDance has suspended its global rollout plans for SeeDance 2.0, its AI video generation model, following copyright infringement allegations from major Hollywood studios. Initially set for a ...
ByteDance is reportedly preparing to invest about CNY100 billion (US$14.3 billion) in AI chips in 2026, primarily purchasing AI processors from Nvidia. This planned spending exceeds the estimated ...
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