ByteDance

Microsoft makes big AI inroads in China by selling OpenAI models

The company operates multiple data centre regions in the country, near Beijing and Shanghai

Iluvatar CoreX is expected to ship at least 50,000 chips to ByteDance this year and most of them will be used for inference workloads.

ByteDance in talks with China’s Iluvatar CoreX to purchase AI chips: sources

The potential deals demonstrate that efforts by Chinese chipmakers to offer alternatives to foreign AI chips are gaining traction

Alibaba shares fell as much as 5.9 per cent on Thursday (Jun 11) morning in Hong Kong, the biggest intraday decline in nearly three months.

Alibaba, JD.com shares slide after Beijing slams price-cut promotions

The name-and-shame campaign marks the latest run-in between the market regulator and e-commerce juggernauts

Zhang Yiming’s net worth climbs to US$92.8 billion, cementing his position as China’s richest person, according to the Bloomberg Billionaires Index.

TikTok billionaire overtakes Mukesh Ambani as Asia’s second-richest person

The surge comes amid the success of ByteDance’s video app, as well as its Doubao AI chatbot

ByteDance is targeting deployment of its proprietary CPU in its own servers and data centres to support internal operations.

ByteDance developing custom CPU chips to support AI roll-out: sources

Surging chip prices, prolonged supply shortages have constrained expansion plans

Huawei plans to ship around 750,000 of its new AI chip this year, say two sources.

Huawei’s new AI chip finds favour with ByteDance, Alibaba which plan to place orders: sources

The 950PR is more compatible with Nvidia’s software system and has better response speeds

ByteDance is competing with Chinese big tech rivals and AI aspirants in developing foundational models and chatbots.

Savvy to buy ByteDance studio Moonton for US$6 billion

Saudi Arabia is working to become a global destination for gamers

The potential stake divestment will be the first since the Trump administration cleared the sale of the US interests of ByteDance’s TikTok unit in January.

ByteDance valued at US$550 billion in proposed share sale by General Atlantic

This marks a 66% jump in value since a share buyback last year priced the company at more than US330 billion