ByteDance’s net profit in the first half of this year declined by a single-digit percentage to $20 billion, as the Chinese tech giant ramped up its investments in AI, according to three people with ...

TikTok developer ByteDance’s net profit fell to $20 billion in the first half of 2026, as heavy artificial intelligence (AI) infrastructure spending weighed on earnings, The Information reported. Net ...

ByteDance Ltd., the developer of TikTok, has signed a $29.6 billion loan with more than two dozens lenders, including Industrial and Commercial Bank of China Ltd. and HSBC Holdings Plc, in one of Asia ...

(Yicai) Sept. 15 -- ByteDance will devote more resources to the enterprise market as artificial intelligence agents become increasingly practical to use, helping businesses and organizations unlock ...

ByteDance secured a $29.6B syndicated loan from nearly 30 banks to fund AI infrastructure overseas, becoming Asia's ...

By Kane Wu and Yantoultra Ngui HONG KONG, Sept 4 (Reuters) - ByteDance has secured a $29.6 billion loan from nearly 30 banks, ...

Zhang Yiming has personally taken over the project.

ByteDance secured a $29.6B loan from 28 banks to fund AI expansion, marking Asia's second-largest dollar loan in 2025 with ...

HSBC Holdings (HSBC) is among several lenders that signed a $29.6 billion loan with TikTok developer ByteDance, Bloomberg News reported Monday, citing a person familiar with the m ...

ByteDance is reportedly preparing to launch a standalone intelligent cloud drive called ADrive in September. Built by Volcano ...

ByteDance stock: the TikTok developer signed a $29.6B loan with 28 banks including ICBC and HSBC to fund its AI expansion ...

ByteDance is developing real-time spatial video generation AI through its Seed team, targeting world models and interactive ...