ByteDance Plans $23B Investment in AI Development for 2026
Listen to Original Audio
0:00 / 0:00
Full Transcript
ByteDance has made preliminary plans to invest approximately twenty-three billion dollars in AI capital expenditures in 2026. This figure marks an increase from the twenty-one point three billion dollars budgeted for 2025.
Notably, ByteDance has allocated around twelve billion dollars specifically for AI processors, as reported by the Financial Times.