The Artificial Intelligence (AI) chip market has been growing rapidly, driven by increased demand for processors that can ...

ByteDance, the China-based owner of TikTok, has confirmed that it terminated an intern over the summer for "maliciously" ...

TikTok's parent company ByteDance has reportedly ordered 100,000 of Huawei's Ascend 910B chips in 2024 to train an AI model, with 30,000 already delivered. ByteDance has not commented on these ...

ByteDance plans to develop a new AI model using Huawei chips amid US restrictions, Reuters reported, citing sources.Sources said that ByteDance has already used Huawei's Ascend... ByteDance plans ...

While it is expected to continue using Nvidia GPUs, Reuters claims ByteDance is now shifting its attention towards domestic chip suppliers like Huawei to meet its AI ambitions. The report claims ...

ByteDance founder Zhang Yiming is now China's richest person, according to Hurun Research Institute's China Rich List. 41-year-old Zhang, with a personal wealth of $49.3 billion, beat Nongfu ...

HONG KONG — ByteDance founder Zhang Yiming tops the list of China's richest people, according to the Hurun Research Institute, although many of them have seen their net worth plunge over the ...

TikTok owner ByteDance has been losing momentum in 2024, with slower revenue growth and narrower profit margins for the first three quarters compared with last year, according to local media.