ByteDance Weighs Capex of as Much as $70 Billion in AI Push

ByteDance Ltd., the developer of TikTok and a leading force in artificial intelligence, is considering increasing its capital spending to more than double last year’s in a bid to lead the Chinese AI market and challenge the top US players abroad.

The Beijing-based social media leader is discussing expenditures of as much as $70 billion this year as it builds out data centers and other AI infrastructure, according to people familiar with the matter. The company will underwrite much of that spending through the roughly $50 billion of profit it earned in 2025, said the people, asking not to ...