ByteDance

ByteDance, the parent company of TikTok, is reportedly in talks with Iluvatar CoreX and Baidu Inc.  (NASDAQ:BIDU) to acquire AI chips.  Iluvatar CoreX is projected to deliver at least 50,000 chips to ByteDance this year, primarily for AI inference tasks, as the company broadens...

Qualcomm Inc (NASDAQ:QCOM) stock trended on Wednesday as investors balanced a new artificial intelligence (AI) infrastructure partnership with ByteDance against a softer broader market backdrop and signs of profit-taking after the stock's recent rally. The stock fell on Wednesday as investors...

In a bid to curb talent poaching by competitors, ByteDance, the parent company of TikTok, has reportedly started offering unique stock options to its AI lab employees. The stock options are tied to ByteDance’s Seed AI division, a first for the company to issue shares linked to a...

For years, the global AI boom effectively ran on Nvidia Corp (NASDAQ:NVDA) chips. Then U.S. export restrictions disrupted that dominance in China and opened the door for Huawei to emerge as the country's leading domestic AI infrastructure player. Now Nvidia may be getting a second chance. But China...

Zhang Yiming's relentless drive and willingness to go beyond his responsibilities helped him transform from an ordinary engineer into the co-founder of ByteDance, the company behind TikTok and one of China's wealthiest entrepreneurs. Early Life And Career Shifts Born in 1983 in Fujian province,...

Backed by Alibaba and Baidu Ventures, the Chinese 3D AI startup is pushing into North America — and arguing the next battleground in generative AI isn’t text or images, it’s geometry. 3D AI Enters a New Arena While much of the generative AI conversation has centered on language models...

Streaming giant Netflix Inc (NASDAQ:NFLX) is threatening TikTok parent company ByteDance with litigation after several videos, made using Seedance 2.0 artificial intelligence tools, surfaced on social media and included copyrighted characters. Netflix Vs. ByteDance Netflix has grown its library of...

Chinese technology giant ByteDance is set to implement measures to curb unauthorized use of intellectual property on its AI video generator, Seedance 2.0. The pledge from ByteDance comes amid legal threats from U.S. studios, including Walt Disney Co. (NYSE:DIS), according to a report by Reuters on...

TikTok has secured its future in the U.S. after its Chinese parent ByteDance finalized a deal creating a majority American-owned joint venture designed to address national security concerns and comply with U.S. law. TikTok Reaches Deal To Comply With US Divestment Law On Thursday, ByteDance said it...

On Thursday, China called for cooperation and fair treatment, as ByteDance moved to transfer control of TikTok's U.S. operations to an Oracle Corp (NYSE:ORCL)-led investor group in an effort to avert a potential ban. China Calls For Cooperation On TikTok Deal China said it hopes companies involved...

TikTok has finalized a deal with new US owners including Oracle, MGX, and Silver Lake. However, these investors will not have significant control over key business areas, according to an internal memo. What Happened: TikTok has reached an agreement with Oracle, Abu Dhabi investment firm...

Billionaire entrepreneur and Tesla Inc. (NASDAQ:TSLA) CEO, Elon Musk, weighed in on a post praising Google-parent Alphabet Inc.’s (NASDAQ:GOOG) new hardware play, and the company’s reemergence as the dominant player in the ongoing AI race. Long-Time Google Critic Turns Investor On...

TikTok investors chasing a U.S. deal say they remain stuck as Washington nears another deadline. One bidder says he has money ready, but no clarity on timing. Frank McCourt said his group is waiting for the next U.S. decision on a forced sale, reports BBC News. Deadline Pressure Returns The U.S....

President Donald Trump's plan to sell TikTok's U.S. operations to American investors is facing renewed scrutiny after a congressional lawmaker warned that any licensing deal giving China-based ByteDance leverage over the app's algorithm would pose a national security risk. Lawmaker Warns Against...

Oracle Corp (NYSE: ORCL) shares are moving higher in extended trading on Thursday after President Donald Trump signed an executive order to approve a deal to keep TikTok available in the U.S. What To Know: Trump has officially signed an executive order to keep TikTok alive in the U.S. According to...