ByteDance raises 2026 capex by at least 25% amid AI boom, rising memory costs, sources say
ByteDance is allocating a proportionally larger budget to domestic AI chips to mitigate geopolitical risks and heed Beijing's call.
Read the original at scmp.com ↗
- Topics
- China & Geopolitics
- Mentions
- ByteDanceChina
- Tracked via
- “AI Risks”