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ByteDance plans to pump $20bn capex mostly into AI as it defends its AI lead in China
Chinese ByteDance reportedly plans a $20 billion capital expenditure in 2025 ... a text-to-video generator known as Jimeng and an image generator known as Xinghui. It also has a platform for ...
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AWS, Microsoft, Google Lead $38B Data Center Capex In Q1
Data center capital expenditure (capex) spending led by Amazon Web Services, Microsoft, Google and Facebook soared a whopping 31 percent in the first quarter of 2021, reaching $38 billion ...