KUALA LUMPUR: TikTok owner ByteDance plans to invest in artificial intelligence (AI) and turn Malaysia into a regional AI hub with a proposed investment of about RM10 billion. In a post on X ...

As TikTok fights to keep its popular video app available in the US, investors in parent company ByteDance Ltd. are being forced to re-evaluate financial prospects for a business valued at more ...

KUALA LUMPUR: Social media platform TikTok is laying ... TikTok, owned by China's ByteDance, later clarified that less than 500 employees in the country were affected. The employees, most of ...

Malaysia will pay Arm Holdings $250 million over 10 years to acquire the firm's chip design plans for local manufacturers, the government said on Wednesday as it looks to produce its own chips within ...

(Bloomberg) -- At least three of Bytedance Ltd.’s major investors have marked up the TikTok-owner’s valuation to more than $400 billion, a sharp rebound for a Chinese social video leader that ...

Chinese tech heavyweight ByteDance announced on Thursday the launch of its new model architecture, UltraMem, which reduces the inference costs of artificial intelligence-powered models by up to 83 ...

TikTok owner ByteDance said it has achieved a 1.71 times efficiency improvement in large language model (LLM) training, the latest Chinese tech company to achieve a breakthrough that could ...

Tencent (OTCPK:TCEHY), Alibaba (NYSE:BABA), and ByteDance (BDNCE) have "significantly increased" orders of the H20 - a chip specific to China due to U.S. export controls - since the Chinese AI ...

Arm will also establish its first Southeast Asian office in Malaysia's capital Kuala Lumpur, with the aim of ... and China's ByteDance, have announced billions of dollars of digital investments ...