NEWSUPDATE: Sources: ByteDance has earmarked over $20.6B in capital expenditure for 2025, with about half of the amount on AI-related infrastructure outside China (Reuters)

Friday, 24 January 2025

Sources: ByteDance has earmarked over $20.6B in capital expenditure for 2025, with about half of the amount on AI-related infrastructure outside China (Reuters)

Reuters:
Sources: ByteDance has earmarked over $20.6B in capital expenditure for 2025, with about half of the amount on AI-related infrastructure outside China — ByteDance, the Chinese owner of TikTok, has earmarked over 150 billion yuan ($20.64 billion) in capital expenditure for this year …

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