SoftBank's investment in OpenAI may position the company as the world's joint-second most valuable private tech firm after ...

ByteDance, the company behind TikTok, is set to significantly invest in AI infrastructure with plans to spend over $12 billion by 2025. Facing U.S. pressures, the company is focusing on acquiring AI ...

ByteDance, the owner of TikTok, plans to invest $12 billion in AI chip technology by 2025. This strategic move indicates the ...

See Also: Samsung, Google Team Up On AR Glasses Development, Duo To Enter Race Against Meta And Apple Why It Matters: This substantial investment is part of ByteDance’s strategy to expand its AI ...

was $540 now $319 for your first year Make up your own mind. Build robust opinions on the FT's trusted journalism. Offer available until 27 February 2025.

Some of ByteDance’s largest U.S. backers include the investment firms General Atlantic, Susquehanna and Sequoia Capital, and they have billions of dollars at stake. Representatives for ...

Business Insider understands — a move that would value the ChatGPT maker the same as TikTok owner ByteDance. The Japanese investment giant is in talks to invest up to $25 billion in OpenAI ...