Trader @ nft_hu: ByteDance's AI capital expenditure may reach $70 billion by 2026

Trader @ nft_hu stated on X platform that ByteDance has raised its AI capital expenditures and plans to invest $70 billion in data centers and AI infrastructure by 2026, with some funding coming from $50 billion in profits by 2025. Internal discussions suggest that capital expenditures reach $89 billion to $100 billion by 2027.