ByteDance Plans 100 Billion Yuan AI Chip Purchase From Nvidia in 2026
ByteDance, the parent company of TikTok and Douyin, is preparing for one of the largest artificial intelligence hardware investments ever seen in Asia. According to reports cited by Reuters and Yahoo Finance, ByteDance plans to spend around 100 billion yuan, or nearly 14 billion US dollars, on Nvidia AI chips in 2026. This move highlights…