CandleFocus ByteDance plans to pump $20bn capex mostly into AI as it defends its AI lead in China
2025-01-24
Author: Content Editor
Chinese tech giant ByteDance plans to invest $20 billion in AI infrastructure development by 2025, according to anonymous sources. The company aims to develop AI infrastructure such as data centers and networking equipment. ByteDance will target big tech firms including Huawei, Nvidia, and Cambricon Technologies with this capital expenditure. The funding will help ByteDance defend and consolidate its lead in AI in China, where competition among tech giants is increasing. ByteDance started AI applications in 2024 and now has over 15 standalone AI applications, surpassing rivals Tencent Holdings and Baidu. The investment will also support ByteDance's overseas AI offerings. President Donald Trump signed an executive order delaying a ban on ByteDance-owned app TikTok for 75 days.
Related News
Lido DAO (LDO) Price Prediction for January 25 XRP Surges to $3.21 with Bullish Momentum Pointing to Possible $8 Breakout SocialFi makes its return on Solana Just-In: Grayscale Files for Bitcoin Adapters ETF What happened in crypto this week New SEC Rule Opens Door for Banks to Offer Crypto Services The Daily: US House asks crypto execs about alleged debanking, a16z closes UK office and more ONDO Gains 36% from Support; Analysts Predict New ATH Soon Scammers Hack Former Brazilian President’s Social Media to Promote Meme Coin Solana Horse Racing Game 'Photo Finish Live' Teams With BlockBet for Betting Band Protocol Partners with Router Protocol to Power Cross-Chain Price Feeds 9 Biggest Games Launching on Ethereum Layer-2 Network Abstract XRP Forms A Bullish Pattern In 4-Hour Chart – Analyst Expects $4.20 After Breakout Breakout Alert! Tron (TRX) Poised for 30% Rally Here's What It Would Take for Mark Yusko to Buy XRP Whale’s 1,000 BTC Deposit Signals Market Shift The Cynics and Idealists of Bitcoin Breaking: CoinShares Files For XRP ETF With US SEC Nasdaq files to change BlackRock's Bitcoin ETF to allow for in-kind redemptions DePIN needs a more cohesive narrative for mass adoption — Web3 exec Regulatory filings flood in from Grayscale and CoinShares proposing ETFs tracking XRP, Litecoin and Solana Avant Launches Defi-Native Stablecoin Pair on Avalanche OKG Research: Stablecoins Can Create up to $100 Billion in Demand for U.S. Debt Another US State Takes Steps to Create a Bitcoin Strategic Reserve Dear President Trump: Bitcoin Reserve, Not Shitcoin Reserve Fineqia launches world’s first DeFi yield Cardano ETN Which country leads Bitcoin ATM adoption in LATAM? Internet Computer Leads GitHub’s 12-Month Crypto Activity Rankings Kraken, Blockchain.com join crowd signing with Trump-tied lobbyists It's Easier Than You Think to Build With AI and Web3 Zuckerberg says Meta is increasing AI spending to $65 billion in 2025 in a major AI push Next Stop for DePIN: Taco Bell 877% Monthly Price Spike: What’s Driving Onyxcoin (XCN) to $0.02151? Memecoins Reign Supreme, Low-Caps Running the Show Fartcoin Price Plummets 10%; Will It Hold Above $1? Michael Saylor’s Bold Vision: 5-Trillion Dollar Framework African Regulators to Follow U.S. Lead on Crypto Regulations, Says Yellow Card CEO Trump, SEC move to legitimize crypto 'within the realm of TradFi,' but some market participants remain cautious Congressional Republicans in Hot Pursuit of Biden-Era's Crypto Debanking BREAKING: BlackRock Re-Applies For the Feature In Its Bitcoin Spot ETF That The SEC Never Wanted Before BlackRock CEO Larry Fink Talks About Interest Rates: Will They Go Up or Down? Bitcoin (BTC) Price Stays Above $105,000 Despite One-Year Low in Whale Numbers Hedera (HBAR) Surges 11% Amid Golden Cross Formation, Further Gains Possible US House oversight committee probes alleged debanking in letter sent to crypto execs mentioning Melania Trump Orderly's (ORDER) one-month trading volume jumps by 157% Crypto czar David Sacks likens Trump’s memecoin to a ‘baseball card’ Dogwifhat (WIF) 40% Rally Imminent? Bullish Divergence Spotted BoJ’s rate hike sees bitcoin and stocks hold firm, avoiding last summer’s meltdown Ondo price rises as rare chart pattern points to a 45% surge Cardano Whales Offload 180M ADA This Week As Price Dips How the Fed’s latest decision could affect crypto markets in 2025 Bitcoin Now Tops Cathie Wood’s 'Trump 2.0' ETF Trump’s Digital Assets Executive Order May Not Last — Senator Lummis is Doing it Right As Ethereum Stagnates, MetaMask Expands to Bitcoin and Beyond Crypto markets steady after Trump's first policy move Soneium to Build Dynamic Digital Creativity in Partnership with SonovaNFT Will Bitcoin Reach $200K? 10x Research Shares BTC Price Prediction for 2025 Cardano Price Analysis: ADA Nears Major Breakout Moment Korea’s Vague Regulation Caused Crypto Migration to Rise 2.3X in 2024 VeChain Renaissance: the key update for sustainability Chain plans to sue Justin Sun over market manipulation accusations Investor Sentiment on Bitcoin Mining Stocks: Institutions Bet Big on CORZ, WULF, IREN and HUT Price analysis 1/24: BTC, ETH, XRP, SOL, BNB, DOGE, ADA, LINK, AVAX, XLM 4 key charts explain why TRX price may jump 72% Pantera Capital leads $7 million seed round for rollup platform Radius Lido DAO Sees 12% Surge but Hits Snag at $2.20 Resistance Barrier Why Jambo could be ‘the onchain Apple’ Fogo raises $8 million at $100 million token valuation via Cobie's Echo in 'under two hours' $60,000,000,000 in Bitcoin: BlackRock Hits Historic BTC Milestone BREAKING: Coinbase Futures Decides to List Three New Altcoins a16z cuts UK crypto plans as it shifts focus to Trump-era US opportunities Tokenized bond market may 30x by 2030 — fintech exec 9,018 ETH in 19 Hours, But What's Behind It? Retail on-chain activity drops 19% despite Bitcoin’s strength above $100K Tron Founder Justin Sun Gives Crucial Advice to Ethereum Team: Details ZachXBT rug pull drama reveals extent of unpaid detective work Ethereum (ETH) Price Prediction for January 24 Trump's crypto order was 'easy stuff,' establishing rules will take 'years, not weeks': TD Cowen XRP Hourly Death Cross: Is It Cause for Concern? BlackRock CEO Larry Fink Calls on the SEC to Approve the Tokenization of Bonds and Stocks CryptoQuant Analyst, Coinbase CEO Advocate for Countries to Prioritize Bitcoin Over Gold: Here’s Why Spot Bitcoin ETFs are ‘quietly on fire’, expert says Donald Trump Took Expected Step Today And Signed Important Executive Order Regarding Cryptocurrencies Why the Expected Altcoin Rally Hasn't Started? When Will It Start? Analysis Company Explained! Tangle Network Partners with Orochi Network to Advance Blockchain Capabilities World Liberty Fi’s $259M crypto stockpile is off to a good start UK Regulator Demands Stronger Controls from Wholesale Brokers Hackers steal $70m from Phemex in 2025’s largest attack so far World Chain Achieves Cross-Chain Excellence with Chainlink Integration As the British embrace crypto, businesses must catch up to hold ground Rumble bets on Bitcoin with new creator payment wallet Toshi, Keyboard Cat, Basenji prices rise as Base DEX volume spikes REVOX to Revolutionize Decentralized AI By Partnering with ChainOpera AI Why These Altcoins Are Trending Today — January 24 The Role of Stablecoins in Crypto in 2025 AVAX Price Tests Key $35 Support: Bounce Incoming or Deeper Drop to $33? XRP Blows out Bollinger Bands as Biggest Expansion Ever Is Recorded Crypto tribalism and crypto wars is back – A pro-crypto government won’t solve investors madness Trump’s executive order a ‘game-changer’ for institutional crypto adoption Solana Price Prediction After the New Trump Crypto Executive Order: SOL ETF NEXT? Europe sees fastest growth in extremist crypto donations, Chainalysis warns XRP News: Ripple Faces Heavy Backlash Amid Hints Of US XRP Reserve Elon Musk’s X May Face Multi-Million Euro Fine In EU Probe: Report Hedera Successfully Retests Key Demand Level – Expert Says The Next Stop Could Be $0.52 Crypto Whales Bought These Altcoins in the Fourth Week of January 2025 Once a leader, now a laggard: Ethereum’s crumbling metrics and fractured community as Solana tightens the noose MicroStrategy Announces Full Redemption of Convertible Notes Due 2027 Giant Whale Caught Up in FOMO! He Made a Profit in Only One of His 13 Altcoin Transactions, and He Has a Huge Loss... Uniswap Aims For Recovery – Bulls Take A Stand At $12.3 Support Analyst Forecasts Dogecoin Price Target of $15, But On-chain Metrics Hint DOGE is Dead Litecoin Price Struggles As Whales Sell & Disappear, LTC Rebound Unlikely CZ Announces 'New Leadership' as Binance Labs Rebrands and CZ Joins In Former CoinDesk exec calls out Justin Sun at Davos awards Here's What Happens If Bitcoin Falls Under $100,000, Mike McGlone Warns ECB pushes for digital euro in response to Trump's crypto executive order that could further 'disintermediate banks' Why Ethereum (ETH) Could Be Ready For a Break Above $3,500 AI agents in DeFi: How real-time data ensures market safety Italy: 13 million users are interested in the crypto world but it is still behind The Event That Makes Bitcoin Rise Every Year Is Coming Again: How Will BTC Price Move? Analysis Company Announces Historical Data! XRP Move to Continue Bull Run: What to Expect From Price BRC-2.0 Bitcoin Tokens Could Outshine Runes Cardano's Plomin Upgrade Clears Crucial Hurdle — Will ADA Price Follow? Altcoin Trader Losses $892K in Crypto Trades Due to FOMO Global CBDC development faces challenges after US ban Solana (SOL) Price Prediction for January 24 Bitcoin is Predicted to Reach $ 114,043 By Jan 29, 2025 Bitcoin Dominance Peaked at 54.45%: Will Altcoins Regain Traction Below 50%? Chain-abstracted memecoin launchpad Printr raises $2.5 million in pre-seed funding Donald Trump Inaugurated: Key Crypto Developments and Industry Reactions Bitcoin staking and restaking opens doors for passive income with BTC – Here’s how 2 Altcoins That Reached All-Time Highs Today — January 24 Traders lose millions as memecoin downturn deepens Next Major Shiba Inu (SHIB) Support You Shouldn't Miss AI predicts Ethereum price for January 31, 2025 Shiba Inu Burn Rate Explodes by 1,014%, Wipes out Millions of SHIB Shiba Inu Investors Accumulate 7.63 Trillion SHIB in 2025 Crypto-trading software builder SignalPlus secures $11 million in series B funding MicroStrategy may owe taxes on $19B unrealized Bitcoin gains: report Bitcoin makes muted move after Trump's new crypto executive order lacks concrete strategic reserve plan Canada to monitor crypto transactions for drug money Bitcoin Whales in ‘Accumulation Phase’ After Trump Inauguration: CryptoQuant U.S. lawmakers are light on crypto heading into new Trump era Ethereum Founder Vitalik Buterin Announces Ethereum's 2025 Roadmap! Here Are the Details Expert Says Dogecoin Next Run Could Hit $4, Here’s Why CBDC Ban: New Opportunities for Ripple's RLUSD & Other Stablecoins? Shiba Inu Burn Rate Soars 1000% as Key Levels Await Breakout Trump’s executive order excludes Fed, FDIC from crypto working group Ripple Coin Rises, But Risks Falling Below The $2.80 Mark Triblu Founder Says XRP Holders Will Become Millionaires, and Billionaires—Here’s Why Analysts predicts Bitcoin’s current support level $97K; could it hit a new ATH soon? Cardano Whales Pour $140 Million into ADA as Buy Signal Emerges XRP News Today: Will the SEC Silence and Trump Crypto Executive Order Fuel an XRP Price Rally? How Could Solana Price React if Ethereum Market Cap Hits $1 Trillion? Big Claim from Famous Analyst: "This Altcoin Will Also Be Included in the US National Reserve Apart from Bitcoin (BTC)!" SeaDream Yacht Club taps Coinbase Commerce to accept Bitcoin for cruise bookings Crypto 'confused' on Trump stockpile as Bitcoin price rejects at $106K XCN crypto rises nearly 150%, what is XCN? Ex-Paxful CEO’s Bitcoin marketplace Noones exploited for nearly $8m, ZachXBT says Mantle Network’s MNT rallies 17% amid ecosystem expansion plans Is the scrapping of SAB 121 a poisoned chalice for Bitcoin? XRP Price Prediction: Will ETFs Unlock XRP’s True Potential Dogecoin ETF Will Send DOGE Price to $15: Analyst Prediction Markets Don't Have a Gambling Problem, Says Crypto Attorney Marlin (POND) Price Analysis: Key Levels to Watch on January 24, 2025 $800 Million Worth of Bitcoin Mysteriously Moved as BTC Soars, Here's What's Happening VeChain Price Prediction January 25, 2025: Breakout or Consolidation? Bybit launches Bybit Pay, a new payment platform Time To Start Turning Bullish on Ethereum Against Bitcoin, According to Crypto Analyst – Here’s His Outlook The UAE SCA (Securities and Commodities Authority) issues draft regulation for security and commodity tokens Bitcoin News: BTC Likely To Rally 20% This Chinese New Year If History Repeats Tokenized RWA to double in 2025 with influence from BlackRock’s Larry Fink John McAfee AI token adds surprise chapter to his crypto story Binance at Davos: Richard Teng Explains the Competitive Edge of Crypto Remittances Why Dogcoin (DCOIN) Price is Surging? THORChain in massive $200m debt; pauses network for restructuring votes Bitcoin Will Be Off to the Races Once the ‘Final Major Resistance’ Breaks, Says Analyst – Here’s His Target Crypto Price Analysis January-24: ETH, XRP, ADA, BNB, and SOL Global trade conglomerate DP World to use stablecoins for cross border payments Bitcoin (BTC) Braces for Impact as BOJ Raises Interest Rate to 17-Year High XRP Struggles to Sustain Rally, Retreats from Attempted $3.40 All-Time High Trump-inspired memecoins gain traction on BNB Chain Could Ethereum Price Reach $10,000 If ETH Becomes a National Reserve Asset? Binance Coin Price Fluctuates On Reaching The $700 Level Is Buffett Warming Up to Crypto? Nu Holdings Investment Grows Binance Former CEO CZ Talks About Memecoins Through TRUMP! Reveals Whether He Bought Memecoins! Ethereum’s Buterin pushes back on Solana hype, warns against ‘greed-is-good’ mentality Bitcoin Price Prediction: Is a Massive $150K Rally Just Around the Corner? Explainer: -How would a US bitcoin strategic reserve work? Expert Says XRP Under Consideration in US Strategic Crypto Reserve, Cites “Reliable Channels” South Korea issues digital IDs secured by blockchain Bitcoin’s Retail Demand Drops Despite Price Level Nearing ATHs Nearly $4 Billion Worth of Bitcoin and Ethereum Options Expiring Today: What to Expect TRON H2 2024: Dominating Stablecoin Ecosystem While Exploring AI Frontiers Price Prediction for February: What’s in Store for $LINK, $AAVE, $ONDO, $XRP, and $SUI? SEC Crypto Regulation: New Leadership, Same Old Confusion? Pro XRP Lawyer Reveals Requirement To Create Strategic Bitcoin Reserve Top crypto price predictions: Mantle (MNT), Ondo, Tron, ai16z Finance Industry Insider Says Banks Will Never Use XRP SUI’s Bullish Long-term Trend and Key Levels to Watch Coinbase CEO Calls Bitcoin ‘The Better Form Of Money,’ Urges Governments to Hold BTC Reserves Bitcoin Steady Near $104K After Bank of Japan Delivers Hawkish Rate Hike Ripple CEO Hints at XRP Inclusion in US Strategic Reserve Rune drops 30% as THORChain suspends THORFi operations amid 'restructuring' efforts Ether set for ‘potential tactical breakout’ after SEC kills SAB 121 ? Days after Gensler leaves, SEC rescinds controversial crypto accounting guidance SAB 121 Sonic spot traders and whales in a tug-of-war – What’s going on? Ethereum marketing firm launch ‘perfect timing’ to make bull case to Wall St US Lawmakers Unite to Block IRS Rule Threatening Defi and Crypto Innovation Trump Is On A Collision Course With The Fed. What Happens Next? Ross Ulbricht Speaks Out for the First Time Since Release: ‘Trump Is a Man of His Word’ Hot Moments! Donald Trump Signs Cryptocurrency Order, White House Issues Statement Bitcoin could top $150K before retrace in repeat of 2017 cycle, says analyst Dogecoin (DOGE) Lags Behind: Struggles to Reignite Bullish Momentum Why Is the Crypto Market Up Today? Bithumb Lists $AERO, $SOLV; $AERO Surges! Bitcoin’s Market Momentum Remains Strong As Realized Profits Drops ZIGChain Partners with Nomad Fulcrum to Expand Tokenized Asset Access Crypto Prices Today Jan 24: BTC At $104K, Altcoins Mainly Flux, MNT Up 10% Ripple Lawsuit: Settlement or Dismissal? Deaton Explores Three Possible Outcomes of SEC Legal Battle Raydium Price Faces Key Resistance as Sell Signal Triggers Warning Bitcoin Surges to a New ATH of $109K, More Gains Ahead? SEC’s crypto actions dropped by 30% in Gensler’s final year iDEGEN, ai16Z price prediction as AI Agents take the crypto world by storm Jump Trading accuses ex-engineer of stealing IP for rival startup Bitcoin and Ethereum ETFs Register Massive $3.12 Billion Inflows – Week 4 January XRP Price Dips Back to Support: Consolidation or Breakdown Ahead? Ethereum Price Revival: What the Signs Say About Its Next Move Atari to Drop Exclusive Patch Packs on Blockchain Marketplace DYLI With a Nostalgic Twist Algorand Hits 3,702 Validator Nodes, Up 74% Ethereum Gaming Network Ronin Flooded With Meme Coins via Tama Launchpad Bitcoin Price at $100K+: Consolidation or Calm Before the Next Move? Members of Congress and Crypto Czar split on whether Trump's memecoin poses a conflict of interest Shiba Inu Burn Rate Sees Major 600% Jump In Only 24 Hours, Will SHIB Price Follow Suit? Will Algorand New Staking Rewards Spark ALGO Price Rally? Two Low-Cap Memecoins Set To Go Higher Amid Low Market Sentiment, According to Crypto Analyst The 2025 Altseason Countdown: 5 Altcoins Poised to Outperform Bitcoin Price Prediction for January 23 Bitcoiners ‘struggling’ with Trump’s vague ‘digital asset stockpile’ order Layer 1 Blockchains Leading the Charge in the 2025 Bull Run President Trump says he will force the Federal Reserve to cut interest rates “immediately” 170,000 Ethereum Transferred to Exchanges Coinbase study finds the residents of the countries with bigger financial challenges view crypto more favorably Ripple President Monica Long to Reveal 2025 Strategy at XRP Community Day Rising Liquidity and Buyer Interest: Why $FLOKI, $BLUR, and $HEX Are Dominating Today OpenLoop to Redefine Digital Environment in Partnership with Neova Protocol BlackRock CEO Larry Fink Predicts Bitcoin Could Reach $700K with Sovereign Fund Support Top Coins to Buy Today: Connect, Secure, and Protect with ONDO, ETC, and XMR Secret Bitcoin (BTC) Uptrend: 3 Levels to Watch, This Can End XRP Price Rally, Dogecoin (DOGE) Receives Massive Helping Hand Brad Garlinghouse Defend Ripple’s Efforts In Strategic Bitcoin Reserve Push SOL, XRP futures coming? And what about a DOGE ETF? Hershey’s Stock Drops 10% as It Falls Below Ichimoku Cloud ByteDance plans to pump $20bn capex mostly into AI as it defends its AI lead in China Chainlink Is In The Middle Of A Bullish Breakout – Analyst Sets $50 Target Cryptocurrencies Set to Break the $10B Market cap Barrier in Q1 2025 Algorand rolls out staking rewards program CoW Protocol Could See a 48% Price Move as $0.60-$0.69 Range Breaks Analysis Company Warns: “This Level in Bitcoin Pulls Like a Magnet, Massive Liquidation May Occur” The Scoop: Crypto goes mainstream in a post-Trump inauguration era Solana (SOL) Pulls Back 14.5% from ATH Despite Record Whale Numbers Why Web3 Gaming Is Likely To Succeed In Setting The Stage For Mainstream Crypto Adoption Ethereum-based lending protocol Litquity's newest version wants you to fork it Semler Scientific Plans Additional $75M To Expand Bitcoin Strategy
