Bytedance: Billion-Dollar Push for AI Chips Boosts Demand for NVIDIA GPUs!
Reading Time: 4 minutes
The Chinese technology company Bytedance is significantly increasing its investments in AI infrastructure. According to research by the Financial Times , the owner of the video platform TikTok plans to spend around 160 billion yuan (19 billion euros) in 2026. The focus is on data centers and high-performance chips. Thus, Bytedance ranks among the most significant private AI investors in China. This presents concrete sales and revenue prospects in the billions for NVIDIA. Half of the investments are allocated for advanced AI models With the...
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