While SpaceX is the most valuable private company in the world, the funding round could push OpenAI up to second spot alongside Chinese tech giant ByteDance. OpenAI currently ranks as the third ...

ByteDance, the parent company of TikTok and Douyin, will end the Lunar New Year tradition of giving red packets to employees from 2026, but will expand medical insurance for staff, according to an ...

ByteDance, the parent company of the Chinese video platform TikTok, has reportedly advised its Chinese national employees to pay income tax in China. This could affect employees looking to take ...

Prominent blockchain researcher Chen Jing has left the United States to join Tsinghua University in Beijing as a full-time professor. The award-winning scholar and chief scientist said she would ...

TIKTOK owner ByteDance on Wednesday (Jan 22) released an update to its flagship AI model aimed at challenging Microsoft-backed OpenAI’s latest reasoning model products, as a global race intensified to ...

ByteDance's release comes after Chinese AI startup DeepSeek rolled out an open-source reasoning model called DeepSeek-R1 on Monday that it said rivalled OpenAI's o1 on several performance benchmarks.

A major shareholder of ByteDance, the Beijing-based owner of TikTok, said Wednesday he was confident that a deal will be reached to ensure the video-sharing app stays online in the US — and ...

WASHINGTON – General Atlantic CEO Bill Ford said on Wednesday that a deal would get done to save TikTok in the U.S. after President Donald Trump signed an executive order that halted a ban on ...

SHANGHAI -- Chinese technology company ByteDance is set to release its most lucrative smartphone app game in its home country, seeking to gain ground on rival Tencent Holdings in the world's ...

TikTok is not the only app owned by the Chinese Internet giant ByteDance that is flickering back to life. CapCut, a popular video-editing app, came back online in the United States on Jan 21 after ...

Much like Anthropic’s Computer Use, ByteDance’s new UI-TARS understands graphical user interfaces (GUIs), applies reasoning and takes autonomous, step-by-step action. Trained on roughly 50B ...

Beijing-based ByteDance (BDNCE) is looking to spend over $12B on artificial intelligence infrastructure in 2025 and has allotted a budget of RMB 40B ($5.5B) to acquire AI chips in China this year ...