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.
➡️ Read the full article at Bloomberg Technology
This excerpt is provided for informational purposes with a link to the original source. All rights belong to the original publisher.
As an Amazon Associate, we earn from qualifying purchases at no extra cost to you.