ByteDance weighs $70 bln AI capex for 2026
ByteDance is considering a capital expenditure of up to $70 billion in 2026 to expand its AI push.
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ByteDance plans sharp increase in capital spending this year and next to lead China's AI market and challenge US rivals.
ByteDance, the developer of TikTok, is planning to sharply increase its capital spending this year and next in a bid to lead the Chinese AI market and challenge top US players.
European ParliamentRoberta Metsola met Meta CEO Mark Zuckerberg in Palo Alto to discuss AI development, combating disinformation, and protecting vulnerable users online.
President of the European Parliament Roberta Metsola discussed AI development, combating disinformation, and protecting vulnerable users online with Meta CEO Mark Zuckerberg in Palo Alto. Metsola posted about the conversation on X.
I Squared buys $225M data center from Cogent to bet on AI inference computing
I Squared Capital is acquiring a data center from Cogent Communications for $225 million, betting on the growth of AI inference computing.
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