More recent developments
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 »
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 »
Ding Xuexiang reiterates China’s AI positions at Davos
On Tuesday, Executive Vice Premier Ding Xuexiang outlined China's approach to AI development at the World Economic Forum in Davos. Ding's key point: China's approach to AI development is different from the US approach in three key respects. First, China… Read More »