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
[Initial Listing] Bitget Will List DePHY (PHY). Come and grab a share of 6,600,000 PHY
New spot margin trading pair — ES/USDT!
Bitget Trading Club Championship (Phase 1) – Make spot trades daily to share 50,000 BGB
SLPUSDT now launched for futures trading and trading bots
Trending news
MoreCrypto prices
More








