Vnet Group Inc. has secured a record order to supply TikTok owner ByteDance Ltd. with about 500 megawatts of capacity from its data centers in China, according to people familiar with the situation.
TikTok's owner, ByteDance, has signed a capacity agreement with Vnet Group. As reported by Bloomberg, the company signed a 500MW data center agreement with Vnet for its data centers in China. Vnet had ...
TikTok's Chinese parent ByteDance is looking to fuel its ambition of becoming a global artificial intelligence (AI) leader, by building up computing power with $2.5 billion worth of high-end Nvidia ...
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