ByteDance's $22B AI Bet: TikTok's Future

ByteDance, the parent company of TikTok, is planning a colossal investment of $22.7 billion in AI infrastructure by 2026. This move, aimed at expanding data centers, securing chips, and boosting computing power, positions ByteDance as a major player in the AI race. The investment could enhance TikToks capabilities, offering smarter recommendations and new features to its billions of users.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.