TikTok owner ByteDance plans to spend $12 bln on AI chips in 2025, FT reports
ByteDance is placing a big bet on artificial intelligence (AI) infrastructure as the TikTok parent plans to spend more than ...
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.
TikTok parent ByteDance sets aside $12B to spend on AI chips this year - FT
ByteDance (BDNCE) is looking to spend over $12B on artificial intelligence infrastructure in 2025 and has allotted a budget of RMB 40B ($5.5B) to acquire AI chips in China this year.
TechNode5h
ByteDance plans to invest $12 billion on AI chips this year
According to the Financial Times, ByteDance is planning to invest over $12 billion in artificial intelligence infrastructure ...
TikTok Owner ByteDance Reportedly Plans To Spend $12 Billion on AI Chips in 2025
This move comes as the Chinese company faces pressure from Washington to sell its popular video-sharing app in the United ...
EconoTimes10h
ByteDance to Invest $12B in AI Infrastructure Amid U.S. Pressure
ByteDance, TikToks parent company, is reportedly gearing up for a $12 billion investment in artificial intelligence (AI) ...
devdiscourse13h
ByteDance Bets Big: A $12 Billion AI Infrastructure Investment
ByteDance, the company behind TikTok, is set to significantly invest in AI infrastructure with plans to spend over $12 ...