TikTok-owner ByteDance plans to spend $12bn on AI chips in 2025
Chinese owner of video app seeks growth from AI as its social media business comes under pressure in US
Read more at Financial Times
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It’s Not Just TikTok: These Other ByteDance Apps Are Gone Too
Lemon8, CapCut, and Gauth are among the other victims of the US ban on ByteDance-owned apps.Wired - 2d -
U.S. Ban of TikTok Is Set to Deal a Major Blow to ByteDance, Its Chinese Owner
While TikTok remains hugely popular in Brazil, Indonesia and other markets, its 170 million users in the United States are its most valuable.The New York Times - 4d -
US imposes export controls on chips for AI to counter China
American semiconductor industry warns move will aid competitors while EU has also protested against the new rulesFinancial Times - Jan. 13 -
Biden administration planning new AI chip export limits that would hit Nvidia, report says
The White House is finalizing additional restrictions on the export of artificial intelligence microchips that would hit companies including Nvidia and Advanced Micro Devices, according to a report.MarketWatch - Jan. 9 -
Nvidia Founder Jensen Huang Unveils Next-Gen AI and Gaming Chips at CES 2025
The Blackwell-powered GeForce RTX 50 Series desktop and laptop graphics processors were a highlight of the massive tech trade show underway in Las Vegas.Inc. - Jan. 7 -
Nvidia founder unveils next generation of AI and gaming chips at CES 2025
In a packed Las Vegas arena, Nvidia founder Jensen Huang stood on stage and marveled over the crisp real-time computer graphics displayed on the screen behind him.NBC News - Jan. 7 -
Nvidia’s stock rallies as AI chip trade reloads for fresh run higher
Nvidia Corp.’s stock continued its rally Monday, embodying the red-hot momentum in the artificial-intelligence chip trade so far this year.MarketWatch - Jan. 7 -
Qualcomm unveils AI chips for PCs, cars, smart homes and enterprises
Qualcomm unveiled AI technologies and collaborations for PCs, cars, smart homes and enterprises at CES 2025. At the big tech trade show in Las Vegas, Qualcomm Technologies showed how it’s using AI ...VentureBeat - Jan. 6 -
Microsoft expects to spend $80 billion on AI-enabled data centers in fiscal 2025
Over half of Microsoft's $80 billion in spending will take place in the U.S., Microsoft Vice Chair and President Brad Smith wrote in a Friday blog post.CNBC - Jan. 4
More from Financial Times
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SoftBank and OpenAI back sweeping AI infrastructure project in US
Donald Trump calls $100bn initiative a ‘declaration of confidence in America’Financial Times - 38m -
Trump latest: Trump says he is considering 10% tariff on China
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Trump threatens to double tax rates for foreign nationals and companies
President orders officials to draw up retaliatory measures against ‘extraterritorial’ taxesFinancial Times - 10h -
Five takeaways on Trump’s opening trade salvo
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‘Will President Trump even notice Europe?’ asks Zelenskyy
Ukraine’s president delivers scathing critique in Davos of continent’s reluctance to spend more on defenceFinancial Times - 11h
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Trump pardons Silk Road creator Ross Ulbricht
President Trump grants full pardon to Silk Road founder Ross Ulbricht, early bitcoin advocate.CNBC - 21m -
SoftBank and OpenAI back sweeping AI infrastructure project in US
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2 Families, in Business 50 Years, Fight for Control of Korea Zinc
Control of Korea Zinc, the world’s largest producer of zinc, is at stake in a battle challenging the country’s entrenched chaebol system of powerful conglomerates.The New York Times - 58m -
Trump says he's considering a 10% tariff on China beginning as soon as Feb. 1
On Tuesday, President Donald Trump floated a 10% duty on China, with an expected start date of Feb. 1.CNBC - 2h -
Tesla’s ‘Trump bump’ fades as stock falls alongside rest of EV sector
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