ByteDance
China’s ByteDance gets access to top Nvidia AI chips, WSJ reports
The hardware involved could cost more than US$2.5 billion
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
ByteDance’s AI chatbot Doubao wins China holiday battle with 100 million users
The app is likely helped by its partnership with CCTV’s Spring Festival Gala on Feb 16
ByteDance building out artificial intelligence team in US
The company has also been ramping up its science-focused efforts
ByteDance pledges to prevent unauthorised IP use on AI video tool
Disney has sent a cease-and-desist letter accusing the Chinese company of using its characters to train and power the tool without permission
ByteDance in talks to sell gaming unit Moonton for more than US$6 billion
Moonton is the studio behind the popular mobile game Mobile Legends: Bang Bang
ByteDance developing AI chip, in manufacturing talks with Samsung: sources
Global tech giants have developed their own AI chips to reduce reliance on Nvidia
ByteDance’s new video model sparks rally in China AI app stocks
Demand for shares of Chinese firms with killer apps has grown in recent months
China digital exports surge as Alibaba, Tencent lead global push
Beijing has vowed to find ways to help Chinese companies export services
Nvidia’s AI chip sale to ByteDance hinges on conditions set by Trump administration
The same arrangement applies to similar chips from firms such as Advanced Micro Devices and Intel