Download the app
← Latest news

ByteDance boosts AI spending 25 percent to 200 billion yuan on domestic chips

Technology
Published on 9 May 2026
ByteDance boosts AI spending 25 percent to 200 billion yuan on domestic chips

Chip costs are rising but ByteDance is going all in

ByteDance plans a 25 percent jump in AI infrastructure spending this year, reaching 200 billion yuan, as it expands its AI push. Higher memory chip costs and a focus on domestic AI chips—aligned with Beijing’s pushback against US tech limits—are key drivers. The investment is meant to power its Doubao chatbot, which has drawn significant downloads.

  • ByteDance raises AI infrastructure spending 25 percent to 200 billion yuan
  • Rising memory chip costs are part of the spending surge
  • Company prioritizes domestic AI chips amid US rivalry
  • Investment supports Doubao chatbot growth and downloads
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

The full experience is on mobile.

Swipe through stories, personalise your feed, and save articles for later — all on the app.