The report says the company is accelerating its artificial intelligence expansion this year as memory chip costs increase.
ByteDance has increased its artificial intelligence infrastructure spending plan by 25% to CNY 200 billion, according to the report. The higher budget comes as memory chip costs rise and signals faster investment in the computing capacity needed for AI development and deployment. AI infrastructure typically includes servers, data centers, networking equipment and high-bandwidth memory, which is widely used to support large-scale model training and inference.