AI, ByteDance and TikTok
· 4h
FirstFT: ByteDance plans to spend $12bn on AI chips this year
· 1d
TikTok owner ByteDance plans to spend $12 bln on AI chips in 2025, FT reports
· 11h · on MSN
TikTok parent ByteDance sets aside $12B to spend on AI chips this year - FT
Beijing-based 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, the Financial Times reported Tuesday,