Chen Tianshi, cofounder of Chinese chip company Cambricon Technologies, saw his net worth soar to $10 billion after the ...

ByteDance reportedly plans to double down on domestic AI chips following U.S restrictions. The Chinese tech giant, however, ...

ByteDance, the Chinese owner of TikTok, has earmarked over 150 billion yuan ($20.64 billion) in capital expenditure for this ...

The Beijing-based company has budgeted Rmb40bn ($5.5bn) to acquire AI chips in China in 2025, said two people familiar with ...

ByteDance is placing a big bet on artificial intelligence (AI) infrastructure as the TikTok parent plans to spend more than ...

A recent announcement highlights an upcoming webinar by Beamr Imaging Ltd. focusing on "The Future of Video AI - From Infrastructure to Experience," featuring discussions with representatives from ...

The investment highlights ByteDance focus on AI amid ongoing geopolitical tensions and ever-present regulatory scrutiny.

Cambricon Technologies ... turn their attention to India for profitable opportunities, the US's recent AI chip export controls limiting India's access to advanced processors ...

What Happened: The Beijing-based tech giant has allocated approximately RMB 40 billion ($5.5 billion) for AI chip ... and Cambricon. The remaining orders will involve Nvidia chips modified to ...

ByteDance, the parent company of TikTok, is reportedly preparing to invest more than $12 billion in artificial intelligence ...

ByteDance, the company behind TikTok, is set to significantly invest in AI infrastructure with plans to spend over $12 ...

In 2023, smartphones-to-silicon conglomerate Huawei quietly released its flagship Mate 60 Pro handset. The launch, while ...