ByteDance considers up to $70 billion capex in 2026 for AI data centers
ByteDance is considering capital expenditures of up to $70 billion this year on data centers and AI infrastructure, Bloomberg reported. The TikTok and Doubao owner plans to fund much of it from roughly $50 billion in 2025 profit. Source: Bloomberg
ByteDance is considering capital expenditures of as much as $70 billion in 2026 as the Chinese tech giant builds out data centers and other AI infrastructure, Bloomberg reported on Wednesday. According to Bloomberg, the figure would mark a sharp step up from the company's prior plans. ByteDance is expected to fund much of the outlay through roughly $50 billion in profit it earned in 2025, sources told the news service. The numbers are preliminary and subject to revision at least every quarter. ByteDance, best known for TikTok and Douyin, also operates Doubao, China's most popular AI chatbot. The company develops a range of AI foundation models and has been investing in compute capacity as Chinese players push to close the gap with leading US labs. Source: Bloomberg