TikTok owner ByteDance plans to spend more than $12bn on artificial intelligence infrastructure this year, betting on the cutting-edge technology for new growth while under pressure from Washington to sell its popular video-sharing app in the US.

Short-form video app says it is ‘fortunate’ that Donald Trump has ‘indicated he will work with us on a solution’

Part 1: Reading Questions: Read the FT article: TikTok begins restoring US service after Trump vows to delay ban and then answer the questions below. What action did TikTok take after President Trump provided clarity on the US ban, and why was this important?

ByteDance is placing a big bet on artificial intelligence (AI) infrastructure as the TikTok parent plans to spend more than $12 billion on AI in 2025, the Financial Times reported on Tuesday, citing sources.

A growing number of researchers fear that the controversial app is promoting pro-China content and softening attitudes towards the People’s Republic

Some users saw the social media app come back online on Sunday, following a shutdown when a federal law went into effect requiring a sale or ban.

The federal law banning TikTok has revealed a major schism among American tech companies: Some are willing to flout the law — and some, including Apple and Google, are not.

President-elect Donald J. Trump’s idea, a 50-50 “joint venture” between the existing Chinese owner and some kind of American entity, was more politics than substance.

The decision came a week after the justices heard a First Amendment challenge to a law aimed at the wildly popular short-form video platform used by 170 million Americans that the government fears could be influenced by China.

WASHINGTON (Reuters) -TikTok plans to shut U.S. operations of its social media app on Sunday when a federal ban is set to take effect, barring a last-minute reprieve, people familiar with the matter said.

But TikTok is not going down without a fight ... with a value of over $17 billion, according to the Financial Times. Known as Xiaohongshu, which translates to “little red book,” RedNote features a layout similar to Pinterest and is often described ...

TikTok is difficult to value. Keeping those complications in mind, Forbes spoke with at least nine people and came up with these different scenarios.