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ByteDance plans $23B capex for 2026 with focus on AI infrastructure – FT (BDNCE:Private)

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3 months ago
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ByteDance plans B capex for 2026 with focus on AI infrastructure – FT (BDNCE:Private)
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TikTok’s parent company, ByteDance (BDNCE) has preliminary plans to allocate about 160 billion yuan (~$22.77 billion) in capital expenditure for 2026, primarily targeting AI infrastructure development, the ​Financial Times ‌reported, citing people familiar with the matter.

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