A growing number of ByteDance shareholders have been selling their shares as hopes fadethat the TikTok parent will go public ...
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TikTok’s parent company, ByteDance, moves toward developing in-house AI chipsByteDance partners with TSMC to create in-house AI chips by 2026, aiming to cut costs and reduce reliance on Nvidia's GPUs.
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TikTok owner ByteDance taps TSMC to make its own AI GPUs to stop relying on Nvidia — the company has reportedly spent over $2 billion on Nvidia AI GPUsAccording to news outlet The Information, ByteDance, the parent company of TikTok, is developing two AI GPUs that will enter ...
Lemon8, a social app owned by Chinese tech giant ByteDance, is seeing an increase in popularity in the US at a time when the company’s flagship short video platform TikTok faces a potential ban.
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ByteDance in Talks With Potential Buyers to Sell Game TitlesTikTok’s parent company ByteDance is further scaling back its ambitions in the gaming industry and is in talks to sell game titles to several prospective buyers. Chinese media LatePost reported ...
As TikTok heads to court on Monday to argue against a U.S. ban, parent company ByteDance’s newer social app, Lemon8, is once again surging to the top of the App Store in the U.S. The push is due ...
The information is coming from The Information, where according to their sources ByteDance will reduce its reliance on NVIDIA for its AI hardware, all the while staying in the lines of US export ...
Following the acquisition, ByteDance kept up its pace of investment. Reports suggest that the company injected an additional 10 billion yuan in the subsequent year, aiming to boost the sales of ...
ByteDance’s new loan carries a greenshoe option that allows the size to expand beyond $9.5 billion, the people said, adding that it pays an opening interest margin of 85 basis points over the ...
A three-judge federal appeals court panel will hear ByteDance's fight to continue operating the video social media app TikTok ...
Who really controls TikTok’s magical algorithm — the US-based company that runs the app or its Chinese parent, ByteDance? That’s the question that bedeviled a trio of federal judges on ...
He is replacing Philippe Laffont, the founder of the New York-based investment firm Coatue Management, on ByteDance’s board, per the report. Coatue has been considering selling a portion of its ...
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