ByteDance

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

Doubao fielded over 1.9 billion AI-related queries during the show, according to ByteDance.

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’s growing AI presence in the US coincides with broader concerns from lawmakers that China is an imminent threat to US AI dominance.

ByteDance building out artificial intelligence team in US

The company has also been ramping up its science-focused efforts

Disney has alleged that Seedance is reproducing, distributing and creating derivative works featuring Spider-Man, Darth Vader and other characters, a source says.

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 and Savvy Games have reached an initial agreement on the broad terms of the deal, said a source.

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

The company’s chip efforts date back to at least 2022, when it began hiring chip-related staff in earnest.

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, the parent company of video sensation TikTok, launched on Feb 7 its newest iteration AI video creation app Seedance 2.0.

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

ByteDance’s TikTok is building a US$38 billion AI-related data centre in Brazil.

China digital exports surge as Alibaba, Tencent lead global push

Beijing has vowed to find ways to help Chinese companies export services

Nvidia and its Chinese customers have once again found themselves caught in the crossfire of the US-China tech war.

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