ByteDance is speculated to invest over 12 billion USD in AI chips by 2025, potentially doubling its previous year’s spending.
As U.S. Sanctions affect the tech sector, China emphasizes domestic technology. ByteDance’s AI chatbot, Doubao, boasts over 60 million monthly users.
Despite reports, ByteDance disputes the investment claims, insisting that the rumors surrounding its expenditure plans are inaccurate.
Leave a Reply