Sources: Alibaba, Tencent, ByteDance, and other Chinese AI companies ordered ~6M Nvidia RTX Pro 5500 chips, worth ~$70B, but expect only ~1% within four months
Chinese AI developers expect to receive just a small fraction of the advanced Nvidia Corp. chips they've ordered over the next several months …
Sources: ByteDance, Alibaba, and Tencent ordered 3M+ of Nvidia's new RTX PRO 5500 GPUs, worth $35B+, in a rush to secure less powerful, export-compliant chips
ByteDance, Alibaba and Tencent have ordered more than 3 million of Nvidia's new RTX PRO 5500 graphics cards with a collective sticker price …
Sources detail Nscale's setbacks ahead of an IPO at up to a $35B valuation, including a six-month delay in Norway and penalties owed to Microsoft and ByteDance
One flagship AI data center in Norway is six months behind schedule, with workers set to be housed in a floating hotel to get it over the finish line.
Current and former employees say TikTok US still coordinates closely with the global TikTok org, and US staff continue to use ByteDance's internal chat app Lark
In the months before TikTok finalized a deal to sell its U.S. operations to a group of investors friendly to President Donald Trump …
Current and former employees say TikTok US still coordinates closely with the global TikTok org, and US staff continue to use ByteDance's internal chat app Lark
In the months before TikTok finalized a deal to sell its U.S. operations to a group of investors friendly to President Donald Trump …
Meta bans ByteDance's ads and paid marketing, plus third-party campaigns that link to TikTok, in the US, Canada, Egypt, Indonesia, Japan, Thailand, and Vietnam
Meta Platforms Inc. banned advertisements in the US from ByteDance Ltd., the former controlling owner of TikTok, intensifying the competition with the popular social video site.
Sources: Tencent signed a ~$7B, five-year lease with Oracle in 2026 for access to ~100K advanced AI chips unavailable in China via Southeast Asian data centers
WeChat owner strikes deal to access US group's south-east Asia data centres amid race with ByteDance and Alibaba
Sources: China's government asked Alibaba, ByteDance, and others to report on their plans to buy Nvidia RTX Pro 5500, saying it intends to approve the purchases
China's government has signaled it could allow some domestic companies to buy a new Nvidia chip built for high-end professional computers …