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News  ›  Benzinga

TikTok Parent ByteDance To Invest $23 Billion In AI To Compete With US Tech Giants: Report

Benzinga Logo Benzinga By Namrata Sen
TikTok Parent ByteDance To Invest $23 Billion In AI To Compete With US Tech Giants: Report

ByteDance plans to invest CNY160 billion ($23 billion) in AI infrastructure in 2026, with about half directed toward purchasing advanced semiconductors. Despite this significant increase from 2025's CNY150 billion investment, ByteDance's spending remains substantially lower than U.S. tech giants like Microsoft, Alphabet, Amazon, and Meta, which collectively invested nearly $400 billion this year in AI data centers.

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BACpB   neutral

Mentioned as having a speaker (Arshad Ghafur) at the forum, with no specific positive or negative context


MSFT   neutral

Mentioned as a major US tech competitor with substantial AI investments (~$400B collectively with peers), but no specific company developments or changes reported.