ByteDance

Entity category: Organization

AI & Tech

China May Allow Alibaba, ByteDance to Buy Nvidia Chips

China is reportedly considering a waiver to allow major tech firms like Alibaba and ByteDance to purchase specific Nvidia hardware,…

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AI & Tech

China Offers Subsidies, Cheap Compute to Attract AI Film Studios

Chinese local governments are aggressively competing to attract AI filmmakers by offering substantial subsidies, including subsidized rent, living allowances, and…

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AI & Tech

Trump and Xi Discussed AI Guardrails; No Chips Shipped

Tech leaders Sam Altman, Jensen Huang, and Tim Cook are joining President Trump for a state dinner with Chinese President…

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Business

Euka Expands to Instagram After $4B in TikTok Shop Sales

Euka, the leading infrastructure provider for TikTok Shop affiliate marketing, is expanding beyond its core platform by integrating with Instagram…

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AI & Tech

Zhang Yiming Overtakes Adani as Asia’s Richest on Bloomberg

Zhang Yiming has become Asia’s richest person with an estimated net worth exceeding $105 billion, surpassing Gautam Adani due to…

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AI & Tech

Anew Labs Raises $290M at $1.5B Valuation, Reuters Reports

ByteDance finalized a $290 million funding round for its independent AI drug discovery subsidiary, Anew Labs, valuing the entity at…

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AI & Tech

Inner Mongolia Signs $27B in AI Computing Projects

Inner Mongolia has secured 12 green computing projects valued at $27.49 billion and launched a new platform in Hohhot to…

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AI & Tech

China’s AI and chip firms give shares to retain engineers

Chinese semiconductor firms are deploying massive equity incentive programs, such as Cambricon granting shares averaging $828,000 per core employee and…

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Artificial Intelligence

Meta spends $500M+ yearly renting Microsoft AI models

Meta reportedly spends over $500 million annually renting AI models via Microsoft's Azure, processing trillions of tokens weekly, making it…

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AI & Tech

Nvidia’s H200 Ships to China, but Maybe Not Mainland

Nvidia's H200 chips have begun shipping to Chinese firms like ByteDance and Tencent (~10,000 units each), but this is far…

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Artificial Intelligence

ByteDance, MPA sign copyright deal to curb Seedance AI video tool

ByteDance reached a formal agreement with the Motion Picture Association to tighten copyright protections on its AI tools Seedance and…

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AI & Tech

YouTube star Cliff Tan apologises to 2.4M fans over AI design tool ad

YouTuber Cliff Tan apologized to his 2.4 million subscribers after a sponsored video promoted Dreamina, an AI tool from ByteDance,…

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AI & Tech

TripleDart hits $7M ARR, posts 50% EBIT margin on AI-led growth

TripleDart, a bootstrapped Indian B2B company, has reached $7 million in annual recurring revenue with a 50% EBIT margin, claiming…

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AI & Tech

ByteDance trains massive AI model to take on Anthropic

ByteDance is training a new AI model with up to 10 trillion parameters, roughly three times larger than the current…

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AI & Tech

In China, People Rent Their Faces for AI Dramas

In China, a new digital economy allows individuals to license their faces for AI-generated content, with platforms like ActID paying…

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AI & Tech

Blomkamp’s AI zombie “film” recycles tired slop

Neill Blomkamp's new 13-minute AI-generated short film "Nightborne", based on Peter Watts' novel "Echopraxia", was created entirely using ByteDance's Seedance…

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Artificial Intelligence

China Rebuilds Smartphones Around AI Agents; ZTE NaviX Sells Out in Hours

ZTE unveiled the NaviX Ultra as the world's first agentic AI smartphone, powered by ByteDance's Doubao AI agent, with an…

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AI & Tech

Chai Discovery raises $400M amid AI drug discovery boom

Chai Discovery raised a $400 million Series C funding round, tripling its valuation to $3.8 billion just seven months after…

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AI & Tech

CXMT’s $85B IPO set to become China’s biggest chip listing

ChangXin Memory Technologies (CXMT) has priced its Shanghai IPO at 8.66 yuan per share, expected to raise $8.5 billion, making…

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Artificial Intelligence

PixVerse raises $439M, valuation tops $2B

Singapore-based PixVerse raised $439 million in a Series C extension round, pushing its valuation past $2 billion, with plans to…

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