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ByteAI Raises Capital Expenditures; Investment in Data Centers and AI Infrastructure May Reach $70 Billion by 2026
Svmuu News: Trader @nft_hu posted on X, stating that ByteDance’s AI capital expenditures have recently been significantly increased. According to the latest reports, ByteDance is discussing investing up to approximately $70 billion in capital expenditures for data centers and AI infrastructure in 2026, with part of the funding coming from its estimated $50 billion in profits for 2025; In more aggressive internal proposals, there have also been discussions about further increasing capital expenditures for 2027 to the range of $89 billion to $100 billion.
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