Sources: ByteDance has made preliminary plans to spend ~$23B in AI capex in 2026, up from ~$20B in 2025, and has budgeted ~$12B for AI processors news ft.com

Financial Times: Sources: ByteDance has made preliminary plans to spend ~$23B in AI capex in 2026, up from ~$20B in 2025, and has budgeted ~$12B for AI processors  —  ByteDance set to increase capital expenditure next year in effort to further build AI infrastructure  —  TikTok owner ByteDance is set …