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AI & Enterprise

TikTok seeks 4 GW of computing capacity by early 2030s, may look beyond Oracle

TikTok\'s U.S. business is reviewing plans to secure up to 4 gigawatts of additional computing capacity by the early 2030s and is discussing infrastructure options with potential suppliers, TechRadar reported. TikTok said Oracle will remain a key cloud infrastructure provider and currently underpins most U.S. operations. The review is aimed at future demand. TikTok is hiring machine-learning staff and roles tied to advanced AI models and automated content generation.

Crypto

Binance to delist 10 margin trading pairs including BTC and ETH, halt 12 spot pairs

Binance will delist 10 margin trading pairs including bitcoin and ethereum at the end of the month, and will also halt trading in 12 spot pairs. The exchange will remove the 10 cross-margin pairs from Binance Margin on Oct. 30 and will close positions, conduct automatic settlement and cancel open orders. Binance will also temporarily suspend Ethereum network deposits and withdrawals for wallet maintenance on Oct. 28.

AI & Enterprise

TikTok U.S. unit seeks to secure 4 gigawatts of computing capacity by early 2030s

TikTok’s U.S. unit is pushing to secure multi-gigawatt computing capacity over the next several years, CNBC reported. People familiar with the talks said it wants 4 gigawatts of computing power by the early 2030s. TikTok said its U.S. service mainly runs on Oracle cloud infrastructure and Oracle will remain a key provider. Job postings and plans to retrain its recommendation algorithm on U.S. user data point to rising demand.