TechFlow news, January 22 — According to a report by the First Financial Daily, market rumors claimed ByteDance planned to invest $12 billion in developing AI infrastructure, including 40 billion RMB for AI chip procurement in 2025 and $6.8 billion for overseas investments. However, ByteDance officially denied these claims. A company representative stated that while the company places high importance on AI development, the specific budget plans mentioned in the rumors are untrue.
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