ByteDance plans $14 billion (~100 billion Yuan) chip purchases in 2026 to support surging computing demands for its apps, Volcano Engine cloud, and large language models, exceeding the 2025 budget of $12.15 billion (85 billion Yuan). 2026 chip budget rises to $14B from $12.15B in 2025, driven by AI expansion. Doubao chatbot hit over 50 [...]
