Category: Capital

ByteDance Increases Capital Expenditure by 25% in 2026

According to the South China Morning Post, TikTok’s parent company, ByteDance, has raised its capital expenditure plan for 2026 by 25% to more than $30 billion, due to its commitment to artificial intelligence and rising memory costs. ByteDance once said at the end of 2025 that it planned to spend about $14 billion to buy … Continued