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

Bloomberg Tech · May 27, 2026, 7:51 AM · Also reported by 1 other source

ByteDance Ltd., the developer of TikTok and a leading force in artificial intelligence, is planning to sharply increase its capital spending this year and next in a bid to lead the Chinese AI market and challenge the top US players abroad.

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

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