General Atlantic, Susquehanna, KKR (NYSE:KKR), and Coatue will seek to get hold of additional stakes in the spun-off American unit of the short video app, the Financial Times reported Friday, citing ...

The AI-supported search engine start-up Perplexity AI is aiming for an IPO in 2028 and has set itself ambitious sales targets ...

A former ByteDance executive has joined Shengshu AI as CEO, marking a significant hire by one of China’s leading artificial intelligence (AI) video start-ups amid fierce competition for talent ...

ByteDance Ltd., the owner of TikTok, has reportedly seen its valuation climb past $400 billion, driven by major investors like SoftBank Group SFTBF SFTBY, Fidelity, and T. Rowe Price TROW.

TikTok's parent company ByteDance is offering to buy back shares at a higher valuation than six months ago as it launches a new share repurchase program for US employees this week, two people ...

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 ...

TikTok owner ByteDance is restructuring its artificial intelligence (AI) department after having poached an expert from Google to lead foundation research, according to employees of the Chinese ...

It’s hard to walk down the street lately without tripping over someone who has expressed interest in buying TikTok. I’m ...

Dr. Wu Yonghui, former Vice President of Google DeepMind, has joined ByteDance as the head of foundational research for its large model team, Seed, according to Chinese media outlet, Jiemian. Wu will ...