Chinese tech heavyweight ByteDance announced on Thursday the launch of its new model architecture, UltraMem, which reduces the inference costs of artificial intelligence-powered models by up to 83 ...

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BANGKOK (Reuters) – ByteDance’s TikTok will invest $8.8 billion in data centres in Thailand over five years, Helena Lersch, TikTok’s Vice President of Public Policy, said on Friday at an event in ...

TikTok, known as Douyin in its home market, was launched in China in September 2016. It quickly started to gain traction in China and parent company ByteDance launched an international version the ...

ByteDance is undergoing the restructuring of its AI department after poaching Google Fellow Wu Yonghui from the company. Wu Yonghui will lead the AI research department at the company’s Seed ...

TikTok owner ByteDance is restructuring its artificial intelligence (AI) department after having poached an expert from Google to lead foundation research, according to employees of the Chinese ...

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(Bloomberg) -- At least three of Bytedance Ltd.’s major investors have marked up the TikTok-owner’s valuation to more than $400 billion, a sharp rebound for a Chinese social video leader that ...

“We confirmed DeepSeek communicating with ByteDance,” a PIPC official told the news agency. The authority has “yet to confirm what data was transferred and to what extent,” they adde ...

ByteDance’s stock has always been exposed to geopolitical uncertainties surrounding the US and China ...

TikTok, owned by ByteDance, is not publicly traded, limiting direct investment options. Investors can buy shares in KKR or SoftBank, both of which hold ByteDance shares. ByteDance faces regulatory ...