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Market Chatter: ByteDance Weighs Massive $70 Billion 2026 Capex Surge

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ByteDance will more than double its capital expenditure from the previous year in a bid to challenge its U.S. rivals, Bloomberg reported Thursday, citing people familiar with the matter.

TikTok's owner is looking to spend as much as $70 billion in 2026 to build data centers and other artificial intelligence infrastructure, Bloomberg said.

It plans to increase spending to $100 billion in 2027, should economic conditions be favorable, the report said.

The privately held parent company of short-video global phenomenon TikTok and domestic chatbot Doubao will underwrite the expense through its $50 billion of profit in 2025, the report said, citing the sources.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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