Intel has abandoned its plans for the Falcon Shores AI chip, shifting focus to Jaguar Shores for system-level solutions in the AI data center market. Interim co-CEO Michelle Johnston Holthaus ...

Last week, it created a $8.2 billion AI investment fund, days after the U.S. imposed fresh chip export restrictions ... by TikTok’s parent company ByteDance last week. Doubao is currently ...

The privately held technology giant plans to spend about half of the amount abroad on AI-related infrastructure, primarily data centres and networking equipment, they said. ByteDance, Huawei and ...

Reuters added that the main beneficiaries of ByteDance’s spending will include Nvidia Corp., which manufactures the powerful graphics processing units that drive many of the most advanced AI ...

ByteDance, the parent company of TikTok, has unveiled an updated version of China’s popular artificial intelligence (AI) app Doubao, as the company doubles down on AI development despite export ...

The privately held technology giant plans to spend about half of the amount abroad on AI-related infrastructure, primarily data centres and networking equipment, they said. ByteDance, Huawei and ...

Nvidia declined to comment. The spending will help ByteDance defend its AI lead at home. Having begun 2024 as a laggard, it now has over 15 standalone AI applications - more than rivals such as ...

Nvidia declined to comment. The spending will help ByteDance defend its AI lead at home. Having begun 2024 as a laggard, it now has over 15 standalone AI applications – more than rivals such as Baidu ...

for AI chip acquisitions within China, effectively doubling its expenditure from the previous year, reported the Financial Times, citing two people familiar with the plans. About 60% of ByteDance ...