ByteDance Mulls $70 Billion Capex This Year as AI Costs Grow
Mirrored from The Information — AI for archival readability. Support the source by reading on the original site.
ByteDance is considering more than doubling its capital expenditures this year to as much as $70 billion, as the Chinese tech giant ramps up its investment in data centers and other AI infrastructure, Bloomberg reported.
ByteDance’s capex plans reflect the surging costs of compute in the AI ...
More from The Information — AI
-
How Salesforce Is Overhauling the Way It Charges for AI
Aug 30
-
How Apple Stumbled Into AI Hardware Success With the Mac
Aug 30
-
Musk Responds to The Information’s Report About SpaceX Setting Up a Turbine Blade Factory
Aug 30
-
Exclusive: SpaceX Lays Groundwork For Turbine-Blade Factory to Solve Data Center Power Crunch
Aug 29
Discussion (0)
Sign in to join the discussion. Free account, 30 seconds — email code or GitHub.
Sign in →No comments yet. Sign in and be the first to say something.