ByteDance plans to invest over $12 billion this year in AI infrastructure. According to two informed sources, ByteDance has budgeted 40 billion yuan ($5.5 billion) for purchasing AI Chips in China by 2025, which is double what was spent last year. The company also plans to invest approximately $6.8 billion overseas, using NVIDIA Chips to enhance basic model training capabilities. One of the informed sources disclosed that the company has signed a large number of Orders this year through leasing agreements and other methods to establish overseas AI production capacity, which should be sufficient to meet most of the company's needs in 2025, though the situation thereafter remains uncertain. (Financial Times of the United Kingdom)
