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The Latest Breaking News from ByteDance

ByteDance in talks with China's Iluvatar CoreX to purchase AI chips

ByteDance, the influential technology entity known for its innovative platforms, is reportedly in discussions to acquire AI chip technology from Iluvatar CoreX and Baidu. This strategic move is largely focused on securing in-house chip supplies essential for running complex inference tasks. Should this partnership materialize, Iluvatar CoreX may join the…

The Economic Times

Nvidia begins Vera CPU sales pitch to Chinese clients, sources say

Nvidia begins Vera CPU sales pitch to Chinese clients, sources say

The outreach underscores how the world's most valuable company is quickly pivoting to the new product to revive its rapidly declining fortunes in China, as shipments of its second-most powerful AI chip, the H200, to the country have stalled for months.

The Economic Times

Seres-backed Saidou launches smart EV brand, partners with ByteDance

Saidou Technology, backed by Seres Group, has launched its AIVA artificial intelligence auto brand. The company is partnering with ByteDance for smart cockpit technology. This move aims to establish a presence in China's competitive electric vehicle mass market. AIVA's first mass-production model is expected within the year.

The Economic Times

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Business Brief (June 8): China Approves Five-Year Employment Plan

Dreame reportedly under government inspection, ByteDance says it has no plans to manufacture cars

TikTok Billionaire Zhang Yiming's Net Worth Soars Past Mukesh Ambani's — See Who Still Leads Asia

Zhang Yiming, co-founder of TikTok's parent ByteDance, becomes Asia's second-richest after a valuation boost to £69.1B. See how AI and strategic investments reshaped wealth rankings.

International Business Times UK

TikTok billionaire overtakes Mukesh Ambani as Asia’s second-richest person

Zhang’s net worth climbed to $92.8 billion, cementing his position as China’s richest person, according to the Bloomberg Billionaires Index. The ByteDance cofounder’s fortune swelled more than sevenfold since Bloomberg started tracking his wealth in March 2019, when he was worth $13 billion.

The Economic Times

QUALCOMM Stock: Is QCOM Outperforming the Technology Sector?

QUALCOMM has considerably outperformed its sector peers recently, yet analysts remain cautious about the stock’s prospects.

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Social media companies pay $27 million to settle Kentucky school district's lawsuit over social media harms, records show

Social media companies pay $27 million to settle Kentucky school district's lawsuit over social media harms, records show

Meta settled the case brought by Breathitt County School District on May 21, a few weeks before a planned June trial, following earlier settlements by co-defendants Snap Inc , YouTube parent Alphabet and TikTok parent ByteDance. Terms of the deals ‌had not been disclosed ⁠in court.

The Economic Times

TikTok owner ByteDance is reportedly developing its own custom AI CPUs — company looks to ease China's dependence on US chipmakers

TikTok owner ByteDance is reportedly developing its own custom AI CPUs — company looks to ease China's dependence on US chipmakers

TikTok owner Bytedance reportedly developing its own custom CPUs in a bid to reduce costs and dependence from US chipmakers

Tom’s Hardware

Qualcomm Stock Just Hit New Record Highs. Investors Can Thank a ByteDance Deal.

Qualcomm’s AI ambitions just got a major validation as a blockbuster ByteDance deal sends the smartphone chip giant to fresh record highs.

ByteDance has had enough of waiting months for processors, so it's going to make them itself

ByteDance has had enough of waiting months for processors, so it's going to make them itself

'No AMD or Intel makes ByteDance go something, something.'

Qualcomm Stock Soared 67% in a Month. Why You Should Consider Taking Profits Now.

Qualcomm stock has soared, driven by its expanded partnership with Stellantis and emerging opportunities in AI-focused data center infrastructure.

Qualcomm's TikTok AI Chip Deal Rewrites the Rules

Qualcomm's TikTok AI Chip Deal Rewrites the Rules

Qualcomm secures a custom chip order from ByteDance to power artificial intelligence workloads, signaling a major shift toward data center dominance.

Qualcomm Lands Major AI Chip Supply Deal With TikTok Owner ByteDance

Qualcomm Lands Major AI Chip Supply Deal With TikTok Owner ByteDance

Qualcomm has secured a deal to supply artificial intelligence chips for data centers operated by ByteDance, the Chinese technology company behind TikTok.

International Business Times

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Qualcomm Is Teaming Up With ByteDance. What It Means for QCOM Stock

Qualcomm shares gain on reports of a landmark AI chip deal with TikTok-parent ByteDance. Here’s what the reported agreement really means for QCOM stock in 2026.

Tom’s Hardware

Russia's Sberbank wants Chinese chips for its GigaChat AI in the face of Western sanctions — faces a long wait behind ByteDance and Alibaba

CEO German Gref didn’t specify which Chinese chips Sberbank is interested in, but the most likely candidate is Huawei's Ascend 950 family.

International Business Times UK

'Catch Me in Traffic': UK Teenagers Flaunt Stolen Motorbikes on TikTok While Victims Watch Helplessly

A BBC investigation uncovers how TikTok is used by teenage thieves in the UK to flaunt stolen motorcycles, leaving victims frustrated and helpless as police struggle to take effective action.

Business Brief (May 15): Putin Set to Visit China

Brazil resumes tax exemptions on low-value imports, ByteDance invests in robotics startup

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The Economic Times

US clears H200 chip sales to 10 China firms as Nvidia CEO looks for breakthrough

Despite US approval for around 10 Chinese firms to buy Nvidia's H200 AI chips, no deliveries have occurred. CEO Jensen Huang's China trip, facilitated by President Trump, aims to resolve this deadlock, highlighting the complex US-China tech rivalry impacting even approved trade.

The Economic Times

US nears $400 million settlement with TikTok on child-privacy violations: ABC News

US government is close to a $400 million deal with TikTok. This settlement addresses claims of child privacy breaches. The funds are reportedly for President Trump's beautification projects in Washington. The lawsuit alleged TikTok collected children's data without parental consent, violating privacy laws.

DMA: How the EU’s big tech law changed citizens’ lives

Under the DMA, Europeans can choose their default browser, pay with rival apps, and message across platforms. Enforcement remains a work in progress, and many citizens do not know the law exists.

Tech Brief (May 6): U.S. Moves to Block Chinese Labs From Certifying Electronics

ByteDance plans subscriptions for AI chatbot, cyberspace regulator penalizes accounts for failing to properly label information

Tech Brief (April 21): ByteDance’s Profit Plunges 70% on Aggressive AI Spending

Chinese GPU maker Sunrise raises over 1 billion yuan, Moonshot AI launches new model with improved coding and agent capabilities

Business Brief (April 21): China Expresses Concern Over U.S. Interception of Iranian Ship

ByteDance’s net profit drops over 70% due to AI investments; Shanghai encourages internet platforms to pursue mergers and acquisitions

Blazing hot IPOs, an AI agent craze, and a new word for ‘token’: Here’s what’s happening in the world of Chinese AI

China hopes to build a “token economy,” backed by open-source models and real-world AI applications—even as U.S. export controls still hold things back.

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