ByteDance denies rumor of $12 billion AI infrastructure investment, sources say budget information is false
First Financial News reported that ByteDance officially denied rumors that it plans to invest $12 billion in developing AI infrastructure, including ¥40 billion for AI chip procurement in 2025 and $6.8 billion in overseas investment. Company officials stated that while the company highly values the development of AI, the specific budget plan in the rumors is not true.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
SLPUSDT now launched for futures trading and trading bots
PENGUPERP now launched for futures trading and trading bots
Bitget Will List EGL1 (EGL1). Come and grab a share of 850,000 EGL1
Notice: Maintenance for VND deposit service
Trending news
MoreCrypto prices
More








