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ByteDance plans to sidestep U.S. sanctions by renting Nvidia GPUs in the cloud — report says it has set aside $7 billion budget
ByteDance to become one of the major renters of Nvidia's GPUs for AI in 2025 as it intends to spend some $7 billion on this, ...
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TikTok parent ByteDance plans to spend $7B on cloud-based GPUs this year to fuel its AI ambitions
TikTok’s parent company ByteDance Ltd. reportedly has a plan to get around tough U.S. restrictions on the export of ...
ByteDance to sidestep US sanctions by renting Nvidia GPUs in the cloud
ByteDance to become one of the major renters of Nvidia's GPUs for AI in 2025 as it intends to spend some $7 billion on this, ...
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Tencent, ByteDance outpace Meta, Google in NVIDIA AI GPU purchases
Chinese tech giants Tencent and ByteDance became major buyers of NVIDIA's high-end artificial intelligence (AI) GPUs.
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ByteDance Pursues $1.1 Million In Damages Over Former Intern’s Alleged AI Breach
High-stakes AI breach lawsuit unfolds as ByteDance confronts former intern over alleged AI infrastructure attack. Read the ...
ByteDance leads China’s Big Tech sector in capital spending with US$11 billion for 2024
ByteDance, which generates strong cash flow from Douyin, the Chinese version of TikTok, is expected to double its capital ...
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ByteDance leads China’s big tech spending with $11 billion in 2024
TikTok owner ByteDance has emerged as China’s largest investor in 2024, committing an estimated 80 billion yuan (US$11 ...
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NVDA Stock Rises After Reports Reveal ByteDance Plans To Buy $7B Worth Nvidia Chips In 2025: Retail Turns Bullish
Shares of AI bellwether Nvidia Corp. (NVDA) surged by nearly 2% in afternoon trade on Monday after media reports suggested ...