Financial Times:

Sources: ByteDance has made preliminary plans to spend ~$23B in AI capex in 2026, up from ~$961M in 2025, and has budgeted ~$12B for AI processors  —  ByteDance set to increase capital expenditure next year in effort to further build AI infrastructure  —  TikTok owner ByteDance is set …

Financial Times:

Sources: ByteDance has made preliminary plans to spend ~$23B in AI capex in 2026, up from ~$961M in 2025, and has budgeted ~$12B for AI processors  —  ByteDance set to increase capital expenditure next year in effort to further build AI infrastructure  —  TikTok owner ByteDance is set …

Source: TechMeme
Source Link: http://www.techmeme.com/251222/p27#a251222p27