ByteDance denies rumors of preparing $12 billion investment in AI infrastructure
there are rumors that ByteDance has invested over $12 billion in artificial intelligence infrastructure this year, including preparing 40 billion yuan to purchase AI chips for 2025, which is twice the expenditure for 2024. It also plans to invest about $6.8 billion overseas. In response, ByteDance officials told reporters that the relevant news is not accurate. ByteDance attaches great importance to the development and investment in the field of artificial intelligence, but the rumors about the relevant budget and planning are not correct. (Jinshi)
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
Honda prepares to send its hydrogen tech to space
Share link:In this post: Honda is working with Sierra Space and Tec-Masters, two space technology companies, to try their high-differential pressure water electrolysis system. Honda aims for hydrogen to help it get all of its cars off carbon by 2040. Honda says it will work with NASA to get the equipment to the ISS on Sierra Space’s Dream Chaser space plane.
ETH just had lowest quarterly return since Q2 2022: Blockworks Research
The network is at a “pivotal juncture,” Blockworks Research’s Marc-Thomas Arjoon said

Riot Platforms Hits Post-Halving Bitcoin Production High as It Expands AI Capacity
Solana Price Pattern Points to a 65% Surge as Key Metric Beats Ethereum by Far
Trending news
MoreCrypto prices
More








