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    ByteDance raises 2026 capex by at least 25% amid AI boom, rising memory costs, sources say

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    Source: South China Morning Post
    Published: 2026-05-09 16:00 UTC+10:00
    Section: General
    Factuality Score: 100
    Opinion Category: Neutral
    Topics: Technology & AI, China, Tax & Budget, Asia Pacific, Technology
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    Snippet:
    ByteDance is allocating a proportionally larger budget to domestic AI chips to mitigate geopolitical risks and heed Beijing’s call
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