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ByteDance Weighs Capex of as Much as $70 Billion in AI Push

ByteDance Weighs Capex of as Much as $70 Billion in AI PushBloomberg Technology

ByteDance, parent of TikTok, is considering spending up to $70 billion on AI infrastructure, marking one of the largest corporate AI investments. The plan, still under internal review, would fund data centers and compute resources.

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Paywall14 days ago
ByteDance Weighs Capex of as Much as $70 Billion in AI Push — AIBriefs