According to media reports, ByteDance plans to invest over $12 billion in the research and procurement of artificial intelligence chips by 2025.
The Financial Times, citing informed sources, reported that ByteDance has allocated a budget of 40 billion yuan (approximately $5.5 billion) for AI infrastructure this year, which is double the amount spent last year. With the rapid development of AI technology, ByteDance aims to enhance its competitiveness in the AI field through significant investments.
In addition to domestic investments, ByteDance also plans to invest about $6.8 billion in overseas markets. This funding will primarily be used to procure NVIDIA chips to strengthen its foundational model training capabilities. It is reported that ByteDance has already signed a large number of orders through leasing agreements and other means, which are expected to meet most of the company's needs by 2025, although the situation remains uncertain.
Key Points:
🌟 Reports indicate that ByteDance plans to invest over $12 billion in developing artificial intelligence chips by 2025, demonstrating its emphasis on AI technology.
💰 This year, ByteDance has allocated a budget of 40 billion yuan for AI infrastructure, which is a twofold increase from last year.
🌍 The company also plans to invest $6.8 billion overseas to procure NVIDIA chips and enhance its foundational model training capabilities.
