ByteDance

China's ByteDance, parent of social media app TikTok, intends to fund about 10 billion ringgit ($2.13 billion) to set up an artificial intelligence hub in Malaysia, the nation's trade minister said on Friday.

ByteDance to invest $2.13bn in Malaysia for AI Hub

China’s ByteDance, parent of social media app TikTok, intends to fund about 10 billion ringgit ($2.13 billion) to set up an artificial intelligence hub in Malaysia, the nation’s trade minister said on Friday. China’s ByteDance, the parent company of the popular social…

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