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Sources: ByteDance has made preliminary plans to spend ¥160B, or ~$23B, in AI capex in 2026, up from ¥150B in 2025, and has budgeted ~$12.07B for AI processors (Financial Times)
Financial Times : Sources: ByteDance has made preliminary plans to spend ¥160B, or ~$23B, in AI capex in 2026, up from ¥150B in 2025, and...
13 November 2023
Report: Enterprise investment in generative AI shockingly low, while traditional AI is thriving - 2023-11-13 14:00:00Z
Title:Report: Enterprise investment in generative AI shockingly low, while traditional AI is thriving Summary: Generative AI has yet to deliver on its promise, has failed to create new workflows and behaviors and offers limited productivity gains. Link: Report: Enterprise investment in generative AI shockingly low, while traditional AI is thriving