ByteDance to boost AI infrastructure spending to $23 billion in 2026

ByteDance to boost AI infrastructure spending to $23 billion in 2026According to the recent reports from The Financial Times, TikTok owner ByteDance has made initial plans for a massive increase in capital expenditure, totaling 160 billion yuan in 2026, to bolster its AI capabilities.In line...

from The News International - Business https://ift.tt/QKNq0EJ

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