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More recent developments
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China goes after Google with antitrust probe
Beijing just hit another US tech giant with an antitrust probe. On Tuesday, the market regulator (SAMR) announced that it has launched an antitrust investigation into Google. The brief notice on SAMR's website offered no further details. ICYMI: In December,… Read More »
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The TikTok sharks are circling
A TikTok deal is looking more and more likely. On Wednesday, General Atlantic CEO Bill Ford – a major ByteDance investor – told reporters at Davos that a TikTok deal would happen. He noted that discussions might start as soon… Read More »
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ByteDance’s AI capex plan
Just how dependent are Chinese AI companies on foreign chips? ByteDance plans to spend USD 12 billion on AI infrastructure in 2025, per an FT report released on Wednesday. 27% of that USD 12 billion – or USD 3.3 billion –… Read More »