ByteDance, the Chinese owner of TikTok, has earmarked over 150 billion yuan ($20.64 billion) in capital expenditure for this year, much of which will be centred on artificial intelligence, two people briefed on the matter said.
TikTok owner ByteDance on Wednesday released an update to its flagship AI model as a global race intensified to create AI models capable of tackling complex problems.
Lifehacker on MSN1d
All the Apps ByteDance Operates in the USTikTok, owned by ByteDance, is on the verge of being banned in the United States. The thing is, the government also went after other ByteDance apps, and there are quite a few of them operating in the U.
ByteDance, the Chinese parent company of TikTok, has earmarked over 150 billion yuan ($20.64 billion) for capital expenditures in 2025, with a substantial portion of the funds being directed toward artificial intelligence,
ByteDance released Doubao-1.5-pro, an upgrade to its flagship AI model, which it claims outperforms OpenAI's o1 in AIME.
The Chinese artificial intelligence firm DeepSeek has rattled markets with claims its latest AI model performs on a par with those of OpenAI, despite using less advanced, more energy efficient computer chips.
GlobalData on MSN8d
ByteDance plans to invest $12bn in AI infrastructureThe development comes as the Beijing-based company faces pressure from the US government to sell its social media app TikTok.
ByteDance has launched an artificial intelligence (AI)-powered code editor in competition with American leaders like Cursor and Microsoft's Visual Studio Code, just after US President Donald Trump delayed the enforcement of a law requiring the company to divest TikTok.
DeepSeek, now with models that rival the best of the West, has set the stage for a global war in AI inference pricing that is only now becoming clear to the world.
· 2d · on MSN
Perplexity AI Updates Tiktok Merger Proposal
Perplexity AI and TikTok propose a US share ownership plan
Perplexity AI and TikTok offer U.S. a stake in data control merger
Perplexity AI proposes a merger with TikTok, with the U.S. government owning up to 50% of the shares. Through this potential merger, the companies aim to leverage their resources and reach while ensuring user data control and security in compliance with American regulations.
Two days after the release of DeepSeek-R1, TikTok owner ByteDance released an update to its flagship AI model, which it claimed outperformed Microsoft-backed OpenAI's o1 in AIME, a benchmark test that measures how well AI models understand and respond to complex instructions.
Based on my tests and published reports, DeepSeek not yet as advanced as its American counterparts, but it’s quite good
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback