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ByteDance Targets 25% Rise in AI Infrastructure Spending: SCMP

Bloomberg Tech · May 9, 2026, 7:23 AM · Also reported by 1 other source

ByteDance Ltd. has boosted planned spending on artificial intelligence infrastructure this year by 25% to 200 billion yuan ($29.4 billion), as memory chip costs rise and the TikTok owner ramps up its AI presence, the South China Morning Post reported on Saturday.

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ByteDance Targets 25% Rise in AI Infrastructure Spending: SCMP

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