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TechNodeAsia

ByteDance’s first-half net profit reportedly fell to $20 billion amid higher AI spending

September 16
ByteDance’s first-half net profit reportedly fell to $20 billion amid higher AI spending

ByteDance’s first-half net profit reportedly fell to $20 billion as AI spending increased, according to three people familiar with the company’s finances cited by The Information. Revenue reached $120 billion, up about 3

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