AI, ByteDance and plan

Exclusive: ByteDance plans $20 billion capex in 2025, mostly on AI, sources say
ByteDance, the Chinese owner of TikTok, has earmarked over 150 billion yuan ($20.64 billion) in capital expenditure for this year, much of which will be centred on artificial intelligence, two people briefed on the matter said.
ByteDance plans $20 billion capex in 2025, mostly on AI
ByteDance: The main beneficiaries of the spending will be chipmakers Huawei Technologies and Cambricon Technologies plus US supplier Nvidia, the people said, declining to be identified as the information was confidential.
ByteDance plans to invest $12bn in AI infrastructure
The development comes as the Beijing-based company faces pressure from the US government to sell its social media app TikTok.
ByteDance plans $20 billion capex in 2025, mostly on AI, sources say
BEIJING, Jan 23 (Reuters) - ByteDance, the Chinese owner of TikTok, has earmarked over 150 billion yuan ($20.64 billion) in capital expenditure for this year, much of which will be centred on artificial intelligence, two people briefed on the matter said.
ByteDance to invest $12 billion in AI infrastructure by 2025- FT
ByteDance, the parent company of TikTok, plans to invest over $12 billion in artificial intelligence (AI) infrastructure by 2025, according to the Financial Times. This strategic move comes amidst pressure from Washington for the Chinese firm to sell its popular video-sharing app in the United States.
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ByteDance, the Chinese parent company of TikTok, has earmarked over 150 billion yuan ($20.64 billion) for capital ...
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ByteDance is placing a big bet on artificial intelligence (AI) infrastructure as the TikTok parent plans to spend more than ...
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ByteDance to invest over $20B in AI development this year
ByteDance, the Chinese tech giant behind TikTok, has set aside over 150 billion yuan ($20.64 billion) for capital expenditure ...
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Is TikTok’s Parent Company Buying $12B Worth of AI Chips?
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ByteDance’s $12 Billion Investment in AI Infrastructure by 2025
ByteDance, the parent company of TikTok, is reportedly preparing to invest more than $12 billion in artificial intelligence infrastructure by the year 2025. According to a report from the Financial ...
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