Sources: ByteDance plans to increase its 2026 capex to more than $30B, up at least 25% from a preliminary plan, amid the AI boom and rising memory chip costs (South China Morning Post)

ByteDance, the parent company of TikTok, is set to increase its capital expenditure for 2026 to over $30 billion, marking a 25% rise from initial projections. This decision is driven by the ongoing AI boom and the escalating costs of memory chips, indicating a significant investment in AI infrastructure to enhance its technological capabilities.