It is reported that ByteDance plans to increase its spending on AI infrastructure by 25%.

According to informed sources, as memory chip costs rise and ByteDance accelerates its AI layout, the company has increased this year's AI infrastructure spending plan by 25% to 20 billion yuan. The sources said that the company has raised its AI capital spending budget from 16 billion yuan at the end of last year. ByteDance currently plans to invest a larger proportion of funds in the domestic AI chip field.