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TikTok Eyes Partial Sale and Doubling Down on AI
- Investors are considering possible options for TikTok's future and ByteDance's financial strategies.
- General Atlantic CEO suggests a partial sale of TikTok's US operations that meets security demands.
- ByteDance has allocated over $20 billion for AI-related expenditures this year.
- ByteDance is planning to invest in overseas AI infrastructure with major chipmakers benefiting from the spending.
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