ByteDance Ltd. has boosted planned spending on artificial intelligence infrastructure this year by 25% to 200 billion yuan ($29.4 billion), as memory chip costs rise and the TikTok owner ramps up its AI presence, the South China Morning Post reported on Saturday.
www.bloomberg.com
#ByteDance #Targets #Rise #Infrastructure #Spending #SCMP
ByteDance Targets 25% Rise in AI Infrastructure Spending: SCMP
