News list for " beating"

ByteDance's capital expenditure in 2025 will exceed 150 billion yuan, mainly for artificial intelligence.

2025-01-23 16:34:00

According to the first financial report, in response to market rumors that ByteDance plans to invest 12 billion US dollars in the development of AI infrastructure, including 40 billion yuan for the purchase of AI chips in 2025 and 6.80 billion US dollars in overseas investment, ByteDance officials denied it. Company officials said that although the company attaches great importance to the development of AI field, the specific budget planning in the rumors is not true.

2025-01-22 12:05:04

It is reported that ByteDance has invested more than 12 billion US dollars in artificial intelligence infrastructure this year, of which 40 billion yuan is prepared for the purchase of AI chips in 2025, which is twice the expenditure in 2024. Another plan is to invest about 6.80 billion US dollars overseas. In response, ByteDance officials responded to reporters: The relevant information is not accurate. ByteDance attaches great importance to the development and investment in the field of artifi...

2025-01-22 12:05:03

On December 19th, ByteDance issued a risk warning saying that recently, the capital markets have hyped the phenomenon of "bean bag concept stocks", and there are many exaggerated or even fictional content, involving ByteDance capital expenditure, data center spending, AI hardware, application cooperation and other aspects. Investors are advised not to believe market rumors to avoid unnecessary investment losses.

2024-12-19 18:32:26