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ByteDance plans $70B capex in 2026 for data centers and AI

ByteDance plans up to $70 billion in capital expenditure for 2026 to expand data centres and AI infrastructure, funded largely by its $50 billion profit from 2025.

May 27 · 13:20:03 · primary fetch1 sourceupdated May 27 · 13:20:03

Bloomberg: Sources: ByteDance is discussing capex of up to $70B in 2026 as it builds out data centers and AI infrastructure, underwriting it with its $50B profit from 2025 — ByteDance Ltd., the developer of TikTok and a leading force in artificial intelligence, is planning to sharply increase …

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bloomberg.comSources: ByteDance is discussing capex of up to $70B in 2026 as it builds out data centers and AI infrastructure, underwriting it with its $50B profit from 2025 (Bloomberg)primary13:20:03