ByteDance denied a report by the Financial Times that the Chinese owner of #TikTok plans to spend up to USD12.3 billion on #AI infrastructure this year, with USD6.8 billion overseas and the rest to buy AI chips in China. The company attaches great importance to AI, but the budget and plan are false, it told Yicai today.
@BytedanceTalk
#tiktok
#TikTok #AI