TL;DR: Chinese AI companies, including ByteDance, Alibaba, and Tencent, have ordered $16 billion worth of NVIDIA's H20 AI GPUs, despite US sanctions aimed at restricting access to advanced AI chips.

SAN FRANCISCO, California — TikTok's international revenue boomed last year as China-based parent ByteDance faced a deadline to sell the app or have it banned in the United States, The Information ...

A set of popular apps helped China’s ByteDance develop a key component of advanced artificial intelligence: information on how a billion people use the internet. By Meaghan Tobin Reporting from ...

ByteDance, TikTok’s Chinese owner, along with some of its U.S. investors, and officials in Washington had coalesced around a new ownership structure for the popular video app, four people ...

ByteDance Ltd.’s revenue jumped 29% to $155 billion in 2024, after online video phenom TikTok drove a worldwide expansion that helped offset an economic downturn back home in China. Its ...