ByteDance: The main beneficiaries of the spending will be chipmakers Huawei Technologies and Cambricon Technologies plus US ...

ByteDance, the Chinese owner of TikTok, has earmarked over 150 billion yuan ($20.64 billion) in capital expenditure for this ...

ByteDance plans to invest over $20.64 billion in capital expenditure this year, mainly focusing on artificial intelligence ...

TikTok’s parent company ByteDance Ltd. has set aside 150 billion yuan ($20.64 billion) for its capital expenditure this year, and the bulk of that money will be spent on boosting its artificial ...

Chinese ByteDance reportedly plans a $20 billion capital expenditure in 2025, mainly targeting AI as the tech giant seeks to defend its AI lead back home. Sources who spoke to Reuters revealed the ...

This significant investment demonstrates ByteDance's commitment to becoming a major player in the global AI landscape, even ...

1月23日消息，根据路透社报道，字节跳动（ByteDance）计划在2025年斥资200亿美元进行资本支出，其中大部分将聚焦于人工智能（AI）相关领域。这一消息来自知情人士，指出字节跳动已经拨出超过1500亿元人民币（约合206.4亿美元）的资本预算 ...

ByteDance, the Chinese tech giant behind TikTok, has set aside over 150 billion yuan ($20.64 billion) for capital expenditure ...

The investment highlights ByteDance focus on AI amid ongoing geopolitical tensions and ever-present regulatory scrutiny.

ByteDance plans to splurge more than US$12 billion on AI infrastructure this year, of which RMB40 billion (US$5.5 billion) ...

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 ...